Walther Moreira Salles Junior was born in Rio de Janeiro, Brazil, Brazil. Walther Moreira Salles Junior is #395 in List Billionaires People In The World. Brazilian filmmaker Walther Moreira Salles Junior (aka Walter Salles) belongs to one of Brazil's oldest banking families. His late father, Walther Moreira Salles, founded Unibanco and was an ambassador to the United States. In 2008 Unibanco merged with Itau, then Brazil's second-largest commercial bank, creating Itau-Unibanco, the largest bank in Latin America today. The Moreira Salles family owns a controlling stake in the bank. Moreira Salles and his three brothers, all billionaires, also own a majority stake in Cia. Brasileira de Metalurgia & Mineracao (CBMM), the world's leading supplier of niobium, which is used to produce stronger, lighter steel for industrial pipes and aircraft parts. Moreira Salles has directed more than 20 films, including The Motorcycle Diaries and the Academy Award-nominated 1998 film Central Station.