Rank #2122
Luiz Frias
Net worth $2.0B
Media · Brazil
- Born
- Apr 06, 1963
- Age
- 63
- Source
- Media
- Residence
- Sao Paulo
- Citizenship
- Brazil
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Luiz Frias is chairman of PagSeguro Digital, a payments company that went public on the New York Stock Exchange in 2018, raising over $2 billion.
- Frias' late father acquired one of Brazil's most popular daily newspapers in the 1960s, today known as Folha de S. Paulo.
- Group Folha became one of Brazil's largest media conglomerates; Frias joined in 1981, was appointed CEO in 1989 and chairman in 1991.
- In 1996, Frias founded UOL, a pioneering Brazilian Internet company, and one of the most visited websites in the country.
- PagSeguro Digital is a subsidiary of UOL.
Financial assets
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