Fernando Collor de Mello defeats Luiz Inácio Lula da Silva in the second round of the Brazilian presidential election, becoming the first democratically elected President in almost 30 years.

Fernando Affonso Collor de Mello is a Brazilian politician who served as the 32nd president of Brazil from 1990 to 1992, when he resigned in a failed attempt to stop his impeachment trial by the Brazilian Senate. Collor was the first president democratically elected after the end of the Brazilian military dictatorship. He became the youngest president in Brazilian history, taking office at the age of 40. After he resigned from the presidency, the impeachment trial on charges of corruption continued. Collor was found guilty by the Senate and disqualified from holding elected office for eight years (1992–2000). He was later acquitted of ordinary criminal charges in his judicial trial before Brazil's Supreme Federal Court, for lack of valid evidence.

Luiz Inácio Lula da Silva, known mononymously as Lula, is a Brazilian politician, trade unionist and former metalworker who has served as the 39th president of Brazil since 2023. A member of the Workers' Party, Lula was also the 35th president from 2003 to 2011.

Presidential elections were held in Brazil in 1989, with the first round on November 15 and a second round on December 17. They were the first direct presidential elections since 1960, the first to be held using a two-round system and the first to take place under the 1988 constitution, which followed two decades of authoritarian rule after the 1964 Brazilian coup d'état.

The president of Brazil, officially the president of the Federative Republic of Brazil or simply the President of the Republic, is the head of state and head of government of Brazil. The president leads the executive branch of the federal government and is the commander-in-chief of the Brazilian Armed Forces.