Billionaire Profile
Luciano Hang
Global Rank
#1796

Image: Unsplash Contributor | Unsplash License | via Unsplash

Luciano Hang

CEO, Department stores
BRAZIL
Real-Time Net Worth
$2.343B
Estimated based on Department stores stock value as of April 20, 2026
0% (24h)
Age
63
Source
Department stores
Industry
Fashion & Retail
Citizenship
BRAZIL

Biography

Luciano Hang is a Brazilian billionaire businessman known for founding the department store chain Havan in 1986. Hang, currently 63, built his wealth through his department stores, focusing on a physical retail model with over 160 stores and 20,000 employees across Brazil. His net worth is estimated at $2.3 billion. Hang is also known for his strong political views and vocal support of conservative causes. His career has been marked by strategic expansion, aggressive marketing, and a focus on customer experience.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Luciano Hang was born in Brusque, Santa Catarina, Brazil, to textile industry workers. He began working at a textile factory at 14 and later graduated from the Regional University of Blumenau with a degree in data processing. His early life instilled a strong work ethic, which contributed to his entrepreneurial journey.

Rise to Success

Hang's entrepreneurial career began in 1986 when he co-founded Havan, a fabric store. He expanded Havan into a department store chain, growing it into one of the largest privately held retailers in Brazil. He focused on a physical retail model, expanding the business across Brazil. In 1989, Hang identified the need to expand its physical structure, leading to the construction of a new headquarters on the Antônio Heil highway.

Key Business Strategies

Hang's key business strategy involved a focus on physical stores rather than e-commerce. He has also invested in marketing and customer service to create a unique shopping experience. He has used the Statue of Liberty replica to promote Havan's brand. Hang has also diversified his investments into gas stations, real estate, and hydro-electric power plants.

Philanthropy

Hang's philanthropy is primarily focused on local community projects, particularly in the areas of health, culture, sports, and social assistance. Havan has invested over R$7 million in sponsoring social and cultural projects. Since 2011, the company has allocated revenue to these projects through direct sponsorship and incentive laws, impacting the lives of thousands.

Career Milestones

1986

Founded Havan

Co-founded Havan, a fabric store in Brusque, Santa Catarina.

1989

Expanded Havan

Moved to a new headquarters on the Antônio Heil highway.

1995

Expanded to other cities

Opened the first Havan megastore in Curitiba.

Philanthropy & Social Impact

Social and Cultural

Social and Cultural Projects

$7M+

Havan invests in social and cultural projects in health, culture, sports, and social assistance.

Disaster Relief

Flood Relief

$1M

Donated $1 million and sent 1,500 blankets to flood victims in Juiz de Fora.

Business Philosophy & Leadership

Leadership Principles

Reinvest in the Company

Emphasizes reinvesting earnings back into the business for growth.

Controversies & Challenges

2022

Coup Investigation

Faced scrutiny from authorities for alleged support of a coup to bolster ex-President Jair Bolsonaro; assets were frozen.

2020

Support for Bolsonaro

Vocal supporter of former President Jair Bolsonaro, which has made him a polarizing figure.

2022

Investigation into alleged coup support

The Federal Police of Brazil carried out search and seizure warrants at Hang's properties due to the alleged support for a potential coup in favor of Jair Bolsonaro.