André Esteves Net Worth

André Esteves has an estimated net worth of $14 billion, according to Forbes Real-Time Billionaires, André Esteves profile (figures as of October 20, 2026). That is up from $3 billion in 2019.

André Esteves is a Brazilian banker and investor who leads BTG Pactual as chairman and senior partner. He started at Pactual in 1989 as an intern and moved up fast, joining the foreign debt trading team and later handling IPOs and M&A deals. In 1992, he became a partner. Over time, he built his name in finance by helping shape one of Latin America's biggest investment banks.

A key turning point came in 2006, when UBS bought Pactual for $3.1 billion and created UBS Pactual. Esteves led Latin American operations and later worked in London as global head of fixed income, currencies, and commodities. In 2008, he left with Brazilian partners to form BTG. In 2009, BTG bought Pactual back from UBS for US$2.5 billion, and he became chairman of the board and CEO of the new firm.

How André Esteves built his fortune

Esteves made his money in banking. His career began at Pactual, where he rose from intern to partner, then helped steer larger trading, dealmaking, and capital markets work. The biggest step came through the sale of Pactual to UBS in 2006 for $3.1 billion. That deal moved him onto a wider stage and gave him senior roles beyond Brazil, including leadership in Latin America and global markets work in London.

His wealth is now tied closely to BTG Pactual. After launching BTG in 2008, he helped buy Pactual back in 2009 and took over as chairman and CEO. Under his leadership, the firm expanded beyond classic investment banking into asset management, commodities trading, and international markets. BTG also widened its reach through Europe and North America, including the 2023 purchase of FIS Privatbank in Luxembourg and the 2026 closing of M.Y. Safra Bank in the United States.

Forbes net worth timeline

Forbes has tracked big swings in Esteves' fortune over the years. It put his net worth at $3 billion in 2019, then $2.9 billion in 2020. The estimate later climbed to $5.8 billion in 2022, dipped to $4.7 billion in 2023, and rose again to $6.6 billion in 2024. Those changes happened as BTG Pactual kept growing across investment banking, asset management, commodities, and overseas markets.

The later jump was much larger. Forbes estimated Esteves at $6.9 billion in 2025, then $20.2 billion on the 2026 World's Billionaires List. Forbes' real-time billionaires tracker showed $14 billion as of October 20, 2026. During this period, BTG Pactual also moved to make Banco Pan a wholly owned subsidiary, and it pushed further into Europe and the United States through bank acquisitions and a broader wealth and asset management footprint.