Billionaire Profile
Alexandre Grendene Bartelle
Global Rank
#1748

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Alexandre Grendene Bartelle

CEO, Shoes
BRAZIL
Real-Time Net Worth
$2.34B
Estimated based on Shoes stock value as of March 6, 2026
-1.17% (24h)
Age
76
Source
Shoes
Industry
Fashion & Retail
Citizenship
BRAZIL

Biography

Alexandre Grendene Bartelle, a Brazilian businessman, co-founded Grendene, one of the world's largest sandal manufacturers, with his twin brother. At 76 years old, with a net worth of $2.5 billion, his wealth stems primarily from his success in the footwear industry. His career began in 1971, when he and his brother started Grendene. He has held the position of Chairman since 2013, after stepping down as CEO. Bartelle's interests extend beyond footwear, with investments in sectors like steel, ethanol production and real estate. He is also involved in philanthropy, donating to a veterinary hospital.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Alexandre Grendene Bartelle was born in Farroupilha, Rio Grande do Sul, Brazil, on January 23, 1950. He graduated with a bachelor's degree in Law from the Universidade de Caxias do Sul.

Rise to Success

In 1971, Alexandre co-founded Grendene with his twin brother, Pedro Grendene Bartelle. They started with capital lent by their grandfather, purchasing plastic injection molding machines. The company initially manufactured plastic packaging for wine bottles, and then transitioned to producing components for agricultural machinery. Soon, they moved into the footwear industry, pioneering the use of nylon in footwear soles. Under his leadership, Grendene expanded globally, developing brands like Rider, Ipanema, and Melissa. He served as CEO until 2013 and is now the Chairman.

Key Business Strategies

Key to Grendene's success were innovative concepts, technology, product design, and aggressive marketing. Grendene focused on vertical integration, owning its mold-producing plant and factories, and distribution logistics. They licensed celebrity endorsements, such as Gisele Bündchen for the Ipanema brand, to reach wider customer bases.

Philanthropy

Alexandre Grendene Bartelle has supported various social causes, including funding for the construction of a veterinary hospital in Porto Alegre. In 2022, he and his brother donated over 8 million reais to candidates and parties during the elections.

Career Milestones

1971

Co-founded Grendene

Co-founded Grendene, a footwear manufacturer, with his twin brother Pedro Grendene Bartelle.

2013

Stepped down as CEO of Grendene

Moved to the position of Chairman of the Board.

Philanthropy & Social Impact

Healthcare

Veterinary Hospital

Undisclosed

Donated funds for the construction of a veterinary hospital in Porto Alegre.