M aria Frias is a Brazilian billionaire and a significant shareholder in one of the country's most influential media conglomerates, Grupo Folha. She is the daughter of the late Octavio Frias, who acquired the Folha de S. Paulo newspaper in 1962 and transformed it into Brazil's largest daily publication. Alongside her brother Luiz Frias, she inherited the media empire, which includes UOL, the largest Portuguese-language internet portal in the world.
Maria holds a Master of Business Administration from the University of São Paulo. Her wealth is diversified, with significant value derived from the family's stake in PagSeguro Digital, a successful financial technology company spun out of UOL that trades on the NYSE. She plays a key role in the governance of the group, which remains a pillar of Brazilian journalism and digital services.
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Maria Frias is a prominent Brazilian businesswoman and a key member of the family behind Grupo Folha, one of Brazil's largest and most influential media conglomerates. She is the daughter of Octávio Frias de Oliveira, who acquired the precursor to the renowned daily newspaper Folha de S.Paulo in the 1960s.
Frias holds a Master of Business Administration (MBA) from the Universidade de São Paulo (USP). Growing up within a media dynasty, she was groomed to help manage a portfolio that has defined Brazilian journalism and digital services for decades.
Maria Frias’s career is defined by her governance role in the Frias family’s multi-billion dollar holdings. While her brother Luiz Frias serves as the executive chairman of PagSeguro Digital, Maria remains a significant individual stakeholder in the family’s core media and technology assets.
Her structural contribution is tied to the long-term stability of Grupo Folha and its pioneering internet subsidiary, UOL (Universo Online), which remains one of the most visited websites in Brazil. The family successfully pivoted from traditional print media into the digital economy, notably through the 2018 NYSE listing of the payments firm PagSeguro.
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Father Octávio Frias acquires the newspaper that became Folha de S.Paulo.
The family launches UOL, revolutionizing the Brazilian internet market.
Subsidiary PagSeguro goes public on the NYSE, raising over $2 billion.
Continues to oversee family media interests from her base in São Paulo.
Maria Frias’s wealth is rooted in her family’s dominant position in the Brazilian media and financial technology sectors.
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0% | $0.00M
-1.5% | -$127.14M
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