
Fabricio Garcia
$871.1M
as of 11/12/21
About Fabricio Garcia
Fabricio Garcia is a grandson of Luiza Trajano Donato and Pelegrino José Donato, who founded retailer Magazine Luiza in 1957.
He owns about 8% of Sao Paulo-listed Magazine Luiza, which had revenues of $7.6 billion in 2020.
Nicknamed "the Amazon of Brazil," Magazine Luiza's e-commerce platforms account for 69% of the company's total revenues.
Along with four other family members who also own shares of Magazine Luiza, Garcia is a new addition to the Forbes Billionaires list in 2021.
His aunt, Luiza Helena Trajano, the former CEO of Magazine Luiza, owns a bit more than 17% of the retailer and became a billionaire in 2019.
Personal stats
Citizenship
BrazilSource of wealth
retailResidence
Franca, BrazilMarital status
MarriedBirth date
01/06/78 (age 47)Education
Bachelor of Business Administration, Universidade de Sao PauloSelf-made
inheritedFabricio Garcia’s fortune is worth

15K
troy ounces of gold

13K
median U.S. household

9K
median U.S. income

0.017%
U.S. credit card volume

0.003%
GDP of the United States

0.003%
United States debt
Net worth history
Annual ranking
Net worth over time
Real-time ranking
Financial assets
SAO PAULO | MGLU3-BR
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