Maria de Lourdes Egydio Villela was born in Brazil. Brazilian philanthropist and socialite Maria de Lourdes Egydio Villela, or "Milu," is a member of one of Brazil's oldest banking families. Her grandfather founded Itau, one of Brazil's largest banks, which merged with Unibanco in 2008 to form Itau-Unibanco, Latin America's biggest non-state bank. During the 2014 presidential election a candidate accused the bank of owing R$ 18.7 billion in back taxes related to its merger. Itau-Unibanco denied any wrongdoing. Business acumen runs in the family: her father founded publicly-traded Duratex, a Brazilian maker of wood paneling and bathroom fixtures. Maria de Lourdes is a member of Itausa's Board of Directors and president of Sao Paulo's Museum of Modern Art. She raised her nephew Alfredo Egydio and niece Ana Lucia, also billionaires, after a plane crash killed their parents in 1982.
Maria de Lourdes Egydio Villela is a member of Finance
