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
BrazilSource of wealth
mobile paymentsResidence
Sao Paulo, BrazilBirth date
04/06/63 (age 61)Self-made
inherited and growingLuis 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
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