Miguel Krigsner
$6.8B
Born
Jan 09, 1950
Age
76
Source of Wealth
Cosmetics
Residence
Sao Jose dos Pinhais,
Citizenship
Brazil
Marital Status
Married
Children
2
Education
- Bolivian-born Miguel Krigsner founded Grupo Boticario, Brazil's second-largest cosmetics company behind number one, Natura.
- Grupo Boticario operates in more than 50 countries; Krigsner individually owns approximately 80% of the business.
- His brother-in-law Artur Grynbaum joined as a financial assistant and worked his way up to president of the group by 2008. He owns about 20% of the group.
- In 1990 Krigsner created the Boticario Group Foundation dedicated to environmental protection, which receives about 1% of Grupo Boticario's net income annually.
- Today, Krigsner and Grynbaum serve as president and vice president, respectively, of the Grupo Boticario advisory board.
- His parents fled Nazi Germany to settle in Bolivia in the 1940s. Krigsner was born in Bolivia and moved to Brazil in 1961.
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