Luis Frias

$1.8B
as of 01/10/24

About Luis Frias

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.

Personal stats

Citizenship

Brazil

Source of wealth

mobile payments

Residence

Sao Paulo, Brazil

Birth date

04/06/63 (age 61)

Self-made

inherited and growing

Luis Frias’s fortune is worth

30K

troy ounces of gold

28K

median U.S. household

18K

median U.S. income

0.036%

U.S. credit card volume

0.007%

GDP of the United States

0.005%

United States debt

Net worth history

Annual ranking

Net worth over time

Real-time ranking

Financial assets

NYSE | PAGS-US

PagSeguro

Images © Forbes.com. All rights reserved.