Jose Joao Abdalla Filho

CEO, Banco Clássico

Real-Time Net Worth

$3.93B

As of December 2025

Age

Source

Investments

Industry

finance-investments

Citizenship

Biography

Jose Joao Abdalla Filho, also known as Juca Abdalla, is a Brazilian investor and banker with an estimated net worth of $3.93 billion as of December 2025. Born on May 30, 1945, Abdalla is primarily involved in finance and investments. His wealth stems from investments, particularly through his primary company, Banco Clássico, which he founded in 1989. Abdalla is a significant shareholder in various Brazilian companies, including Eletrobras, Cemig, and Petrobras. Known for his private nature, Abdalla is a discreet figure in the business world, focusing on long-term investments in sectors like energy and mining. Abdalla's career began after he inherited his father's business. His career has been marked by strategic investments and a focus on companies in the infrastructure and energy sectors.

Wealth Over Time

Portfolio Holdings

In-Depth Profile

Early Life

José João Abdalla Filho, known as Juca Abdalla, was born on May 30, 1945, in São Paulo, Brazil. His father, J.J. Abdalla, was a prominent industrialist and politician who built a real estate and textile company. Juca Abdalla followed in his father's footsteps, attending the Universidade Presbiteriana Mackenzie where he studied economics.

Rise to Success

Abdalla's financial career began after inheriting his father's businesses in 1988. He used the inheritance to establish Banco Clássico in 1989. The bank was designed to serve as a vehicle for his investments in the stock market, focusing on infrastructure and energy companies. Abdalla's investment strategy is similar to that of Warren Buffett. He is known for taking long-term positions in companies and focusing on dividends. His investments include significant stakes in companies like Eletrobras, Cemig, and Petrobras.

Key Business Strategies

Juca Abdalla is known for his discreet approach to business, avoiding public appearances and interviews. His strategy focuses on long-term investments in key sectors, particularly energy and mining. Abdalla's investment in Petrobras increased in February 2025, with an investment of R$ 181.82 million. He purchased 4,670,000 ordinary shares of the company.

Philanthropy

There is no specific information about Abdalla's philanthropy.

Career Milestones

1989

Founded Banco Clássico

Established Banco Clássico to manage his investments.

2019

Board Member of CEMIG

Became a board member of Companhia Energética de Minas Gerais.

2022

Board Member of Petrobras

Became a board member of Petróleo Brasileiro S.A. – Petrobras.