According to Brazilian media reports, Mr Galeazzi, 61, was taking his family on a trip to Jundiai, Sao Paulo state.
All 10 victims of the disaster were family members of Mr. Galeazzi, Rio Grande do Sul state governor Eduardo Leyte said at a press conference. He added that the plane took off in adverse weather conditions.
The plane reportedly flew 3km (1.8 miles) before crashing in an urban area of the city minutes after take off on Sunday morning.
“At the time, it was gaining momentum. You could see that he was accelerating a lot,” eyewitness Nadia Hansen told Reuters.
“Then there was a thud when it hit the building, then it went by my house and then it fell and I thought it fell in front of the house,” she said.
Pictures from the scene show emergency workers searching for smoking wreckage among the wreckage of heavily damaged buildings.