BillionaireNet
Hang
Luciano Hang
Rank #1864
BRAZILFashion & RetailDepartment stores

Luciano Hang

Net Worth
$2.112B
0% (24h)
Luciano Hang is a Brazilian billionaire businessman and the co-founder of the Havan department store chain. Born on October 11, 1962, Hang has built a retail empire through strategic vision and a focus on physical stores. As of 2024, his net worth is estimated at $2.2 billion, placing him among the wealthiest individuals in Brazil. Hang's career began with the founding of Havan in 1986, which has grown to a nationwide retail giant. He is known for his outspoken public persona and support of conservative politics.

The Full Dossier

Early Life

Luciano Hang was born on October 11, 1962, in Brusque, Santa Catarina, Brazil. He came from a humble background, with parents who worked in the textile industry. Hang's early life was marked by a strong work ethic, evident from his childhood when he sold biscuits at school. He struggled with dyslexia, which affected his early education. Despite this, Hang persevered and developed a passion for sales and entrepreneurship.

Rise to Success

Hang's career took off in 1986 when he co-founded the Havan department store chain. Starting with a small fabric store in Brusque, Hang and his business partner identified a growing demand for clothing and other goods. Hang's business acumen and strategic vision drove the rapid expansion of Havan. He focused on creating a unique shopping experience, with stores featuring distinctive facades, including replicas of the Statue of Liberty. Hang eventually became the sole owner of Havan.

Key Business Strategies

Havan's success is attributed to Hang's aggressive expansion strategy and focus on physical stores rather than online sales. By 2022, the company had 174 physical units across 23 states. Hang's vision for Havan went beyond providing customers with what they needed, aiming to offer innovative services and solutions. The company's emphasis on affordable products and a unique shopping experience helped Havan become a symbol of Brazilian retail.

Philanthropy

Luciano Hang is involved in philanthropic activities and supports various social causes. His commitment to giving back to the community reflects his personal values.

Career Timeline

2020

Havan Revenue

Havan generated approximately $1.9 billion in revenue.

2019

Entered Forbes Billionaires List

First appeared on the Forbes list of billionaires, with an estimated net worth of $2.2 billion.

1986

Co-founded Havan

Launched Havan department store chain, starting with a small fabric store in Brusque, Brazil.

Philanthropic Impact

HealthcareUndisclosed

Oxygen Cylinder Donation

Donated 200 oxygen cylinders to hospitals in Manaus during the COVID-19 pandemic.

Wealth Trajectory