Name
Luciano Hang
Luciano Hang
Brusque, Brazil
Brazil
department stores, Self Made
$2,200,000,000
1057
#1057 Billionaires 2019
Brazil's Luciano Hang has found success with department store chain Havan by focusing heavily on physical stores rather than online sales.Hang cofounded Havan in 1986; today it employs some 15,000 people in more than 100 locations, all in small to mid-sized cities.Hang bought out his cofounder early on and today owns nearly all of Havan, which had about $1 billion in 2017 revenues.Hang has many followers on social media; he regularly live streams about politics on Facebook and gets up to 1 million views.Hang is a vocal supporter of Brazil's President Jair Bolsonaro, a right wing candidate who was elected in October 2018.
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