Billionaire Profile
Luciano Hang
Global Rank
#1856

Image: Palácio do Planalto from Brasilia, Brasil | CC BY 2.0 | via Wikimedia Commons

Luciano Hang

CEO, Department stores
BRAZIL
Real-Time Net Worth
$2.22B
Estimated based on Department stores stock value as of March 6, 2026
0% (24h)
Age
63
Source
Department stores
Industry
Fashion & Retail
Citizenship
BRAZIL

Biography

Luciano Hang is a Brazilian billionaire businessman, best known as the co-founder and owner of the Havan department store chain. Born in 1962, Hang has built a vast fortune through his retail empire, employing thousands across Brazil. His source of wealth is primarily department stores, and he is a prominent figure in the fashion-retail industry. Hang has been recognized for his entrepreneurial achievements and has a strong presence on social media, often expressing his political views. As of April 1, 2025, his net worth was estimated to be $2.2 billion. Hang has faced controversies throughout his career, but remains a key player in the Brazilian business landscape.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Luciano Hang was born in Brusque, Santa Catarina, Brazil, on October 11, 1962. Growing up in a family of textile industry workers, he developed a strong work ethic from a young age. Hang displayed an entrepreneurial spirit early on, selling biscuits at school during his childhood. He also struggled with dyslexia, a condition that was undiagnosed for much of his early life.

Rise to Success

Hang began his career at 17, joining the Carlos Renaux Fabric Factory, where his parents worked. At 21, he and his cousins acquired the Tecelagem Santa Cruz, a disused factory, which they ran around the clock. In 1986, Hang co-founded Havan with Vanderlei de Limas, with the store's name derived from a combination of their names. Hang later bought out Vanderlei's share, becoming the sole owner. Havan grew from a small fabric store to a large retail chain.

Key Business Strategies

Hang's entrepreneurial expertise and knack for identifying market trends played a pivotal role in Havan's rapid growth. The Havan concept is simple: provide a vast array of products under one roof at competitive prices. Each store has a White House-style facade and a replica of the Statue of Liberty at the entrance. Hang has also diversified his business interests, owning hydro-electric power plants, gas stations, a real estate company, and an investment fund.

Philanthropy

Luciano Hang has invested over R$27 million in projects approved by the Rouanet Law. The Havan chain has made over 350 donations over the years.

Career Milestones

1986

Co-founded Havan

Launched Havan, which started as a small fabric store.

1991

Became Sole Owner of Havan

Bought out his former business partner Vanderlei de Limas, after accusations of diverting merchandise.

2023

Ranked 15th Richest in Brazil

Forbes listed him as the 15th richest businessman in Brazil, with a net worth of $3.2 billion (April 2023).

Philanthropy & Social Impact

Culture and Arts

Rouanet Law Projects

$27M

Invested over R$27 million in projects approved by the Rouanet Law

Business Philosophy & Leadership

Notable Quotes

"I love selling, I love people"

Leadership Principles

Believing in Employees

Hang believes in the importance of giving employees opportunities to grow within the company.

Controversies & Challenges

2022

Alleged Support for Coup

Luciano Hang faced scrutiny for allegedly backing a coup to bolster ex-President Jair Bolsonaro. Assets were frozen during the 2022 election turmoil.

2021

Financial Scrutiny

The Brazilian Intelligence Agency (Abin) produced a report pointing to issues and inconsistencies in his fortune.

2021

Pandora Papers

Revelations showed that he maintained an offshore company in the British Virgin Islands without declaring it to the Brazilian tax authorities for 17 years.