Business

Magazine Luiza's chairwoman chosen as one of FT's most influential women of 2021

The billionaire is also a philanthropist, and founded NGOs and initiatives in Brazil

Magalu's founder, Luiza Helena Trajano. Photo: Instagram/Screenshot
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Businesswoman Luiza Trajano is the only Brazilian among Financial Times’ 25 most influential women of 2021. Trajano is the chairwoman of Brazil‘s retailer Magazine Luiza.

FT’s journalists chosen the list through consultations with international bureaus, former women of the year and readers that helped to shape this year’s list.

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One of Brazil’s largest retail chains, and today the most valuable of them (over BRL 170 billion), Magazine Luiza (or Magalu, as it is better known in e-commerce) now presents itself as the most extensive ecosystem to buy and sell items in Brazil

READ ALSO: Magazine Luiza: Get to know Brazil’s most valuable retailer

The billionaire is also a philanthropist, and founded NGOs and initiatives such as Franca Viva, Grupo Mulheres do Brasil (which gathers 70,000 businesswomen in Brazil and worldwide), besides investing and mentoring many business in Brazil. This year, she launched an initiative to vaccinate all Brazilians against COVID-19 up to September 2021.

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