Luiza Trajano returns to the list of Forbes billionaires after the crisis in Americanas

Luiza Trajano returns to the list of Forbes billionaires after the crisis in Americanas

Brazilian businesswoman Luiza Trajano, chairman of the board of directors of Magazine Luiza, has returned to the Forbes list of billionaires. On the morning of this Thursday (2), she occupied the 2,243rd position in the ranking, with a fortune estimated at US$ 1.1 billion (R$ 5.5 billion). The return comes after the appreciation of Magalu’s shares, driven by the Americanas crisis.

In January, the company’s shares rose more than 65% after the disclosure of “accounting inconsistencies” of R$ 20 billion by the competitor. This Wednesday (1st), the judicial administration team for Americanas’ recovery process announced that the group’s total debt is R$ 47.9 billion.

Luiza Trajano was already on the list, but in June last year she was removed after her fortune dropped to US$ 1 billion.

According to Forbes, the executive’s fortune had been falling since July 16, 2021, when it reached a record US$ 5.6 billion (R$ 27.9 billion).

Trajano’s departure accompanied Magazine Luiza’s negative performance on the stock exchange, a reflection of the Brazilian economic scenario at the time, marked by inflation and high interest rates.

The richest people in the world

Forbes released an updated list of the richest people in the world on Wednesday. First up is Bernard Arnault of France, CEO of luxury goods company LVMH, which is estimated to be worth approximately $214 billion.

Entrepreneur Elon Musk, CEO of Twitter and Tesla, who was the richest person for much of 2022, moved to second place in December. Indian tycoon Gautam Adani fell from third person to 13th position after his companies lost US$ 100 billion (R$ 498.9 billion) due to suspected fraud.

See the list:

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