Luiza Trajano makes exception to the ranking of billionaires – 02/03/2023 – Panel SA

Every time Luiza Trajano, chairman of the board of directors of Magazine Luiza, enters or leaves the list of Forbes billionaires, her presence or absence reverberates with noise, but the businesswoman herself usually makes reservations about the relevance of the ranking.

She always says that this is a volatile number, just like the behavior of company shares.

Luiza reappeared on the list released this Thursday (2) 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 2020, when she appeared as the richest woman in Brazil, in 8th place in the country’s top 10 after rising 16 positions, she said she was shocked when she received the news. Equity exceeded R$ 20 billion.

“This ranking of fortunes is very interesting, because if you did it two months ago, our shares would be down there, or, two years ago, I wasn’t even in the 500th place. So, that’s paper, it goes back and forth” , he said in an interview at the time.

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