Luciano Hang

Luciano Hang is a Brazilian billionaire businessman, the co-founder of the Havan department store chain, which he owns nearly all of. Bloomberg LP have called him “a free-market evangelist and arguably Jair Bolsonaro’s most passionate booster in the business community.”

  • 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.