Rank #2419
Artur Grynbaum
Net worth $1.7B
Cosmetics · Brazil
- Born
- Mar 20, 1969
- Age
- 57
- Source
- Cosmetics
- Residence
- Curitiba
- Citizenship
- Brazil
- Marital status
- Single
- Children
- 0
- Education
Net worth over time
Biography
- Artur Grynbaum is the brother-in-law of Miguel Krigsner, who founded Brazil's second-largest cosmetics company Grupo Boticario.
- Grynbaum joined as a financial assistant and worked his way up to president of the group by 2008. He owns about 20% of the company.
- Grupo Boticario operates in more than 50 countries; Krigsner individually owns approximately 80% of the business.
- Today, Krigsner and Grynbaum serve as president and vice president, respectively, of the Grupo Boticario advisory board.
- In 1990 Krigsner created the Boticario Group Foundation dedicated to environmental protection, which receives about 1% of Grupo Boticario's net income annually.