Age, Biography and Wiki

João Augusto Chagas Pestana was born on 22 March, 1936 in Cachoeira do Sul, Brazil, is a Brazilian engineer and business leader (1936–2020). Discover João Augusto Chagas Pestana's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 84 years old?

Popular As N/A
Occupation Engineer and business leader
Age 84 years old
Zodiac Sign Aries
Born 22 March, 1936
Birthday 22 March
Birthplace Cachoeira do Sul, Brazil
Date of death 26 October, 2020
Died Place São Paulo, Brazil
Nationality Brazil

We recommend you to check the complete list of Famous People born on 22 March. He is a member of famous engineer with the age 84 years old group.

João Augusto Chagas Pestana Height, Weight & Measurements

At 84 years old, João Augusto Chagas Pestana height not available right now. We will update João Augusto Chagas Pestana's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Wife Not Available
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Children Not Available

João Augusto Chagas Pestana Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is João Augusto Chagas Pestana worth at the age of 84 years old? João Augusto Chagas Pestana’s income source is mostly from being a successful engineer. He is from Brazil. We have estimated João Augusto Chagas Pestana's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income engineer

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Timeline

1898

Born in Rio Grande do Sul, Brazil's southernmost state, Chagas Pestana was the son of Cyro Pestana (1898-1982), Justice of the State Supreme Court, and grandson of republican leader Augusto Pestana (1868-1934), first Mayor of Ijuí and founder of the Rio Grande do Sul Railway Company (VFRGS).

1936

João Augusto Chagas Pestana (Cachoeira do Sul, March 22, 1936 – São Paulo, October 26, 2020) was a Brazilian engineer and business leader.

A key player in the partial privatization of Brazil's energy sector at the turn of the century, Pestana was the first Chairman of the Board of the company Rio Grande Energia, now part of CPFL Energia (the second largest private Brazilian group of power generation and distribution).

1953

He earned admission in 1953 to the Brazilian Naval Academy Preparatory School, located in Angra dos Reis (Rio de Janeiro), but, instead of pursuing a career as an officer in the Brazilian Navy, decided to return home in order to attend the Porto Alegre Engineering School (part of the Federal University of Rio Grande do Sul), from where he graduated in 1960 as a civil engineer.

1961

In 1961 he moved to São Paulo, where he later studied business administration at the Fundação Getulio Vargas (FGV-EAESP).

Early in his career, Pestana joined the São Paulo state-owned company Centrais Elétricas de Urubupungá, later absorbed by the Companhia Energética de São Paulo (CESP).

1964

From 1964 to 1968, he was one of the pioneering engineers in charge of the construction of the Jupiá Dam.

1970

In the 1970s and 1980s, already in the private sector, he actively participated in the planning or implementation of large infrastructure projects in Brazil and South America, such as the hydroelectric power plants of Ilha Solteira, Tucuruí, Itaipu (Brazil-Paraguay) and Guri (Venezuela), the Angra dos Reis nuclear power plant, the Rio-Niterói bridge and the Imigrantes highway, where he gained recognition as an efficient manager of projects marked by great complexity from both a technical, regulatory and business perspective.

At the international level, in addition to Itaipu and Guri, he worked as a senior consultant for energy projects in Argentina, Bolivia, Colombia, Ecuador and Peru.

1990

In the 1990s Pestana became one of the key executives in the modernization and privatization process of the Brazilian power generation and distribution sector.

He was director for business development at the joint venture formed by Brazilian private groups Votorantim, Bradesco and Camargo Corrêa (VBC), and negotiated partnership agreements with foreign investors, such as the US energy conglomerate PSEG.

1997

In 1997, after the partial privatization of power distribution in the state of Rio Grande do Sul, he became the first chairman of the board of directors of Rio Grande Energia (RGE), currently the leading utility in the local energy market.

According to Roger Agnelli, Bradesco's representative at VBC and later president of mining company Vale, Pestana was “a natural dealmaker, always able to convince and bring shareholders together in order to clinch a good business opportunity”.

2000

He contributed decisively to the conclusion of four dams in the first half of the 2000s: Itá, Machadinho, Ceran and Barra Grande, with a combined capacity of 3.7 GW (equivalent to a third of the total energy generation in Rio Grande do Sul).

2001

Upon completing his tenure at the RGE board in 2001, he was succeeded by William J. Budney, former vice-president of PSEG.

As a senior executive of VBC and RGE, Pestana attributed priority to the hydroelectric use of the upper Uruguay River basin, in Southern Brazil.