Miguel Krigsner’s profile picture

Miguel Krigsner

Miguel Krigsner’s profile picture
Net worth 2018: $1.48 Billion
Residence: Sao Jose dos Pinhais, Brazil
Country: Brazil
Children: 2
BIOGRAPHY

Miguel Krigsner was born in Sao Jose dos Pinhais, Brazil, Brazil. Miguel Krigsner is #1575 in List Billionaires People In The World. Bolivian-born Miguel Krigsner founded Grupo Boticario, Brazil's second-largest cosmetics company with about 7,000 employees, 3,900 stores throughout Brazil, and more than 90 stores in 8 countries. His parents fled Nazi Germany to settle in Bolivia in the 1940s. Krigsner moved to Brazil in 1961 and earned a degree in pharmacy, opening his first pharmacy at age 27. In 1977 he created O Boticario and remained its CEO through 2008, when he became chairman of the board. Artur Grynbaum, Krigsner's brother-in-law, joined him in 1986 as a financial assistant and worked his way to become CEO of the group and own about 20% of the group. In 1990 Krigsner founded Foundation Boticario de Protecao a Natureza, which receives 1% of Grupo Boticario's gross income annually to invest in social and environmental causes. Together with Grynbaum, Krigsner owns venture capital fund 2+Capital, which invests in Brazilian private companies such as Cia. Tradicional de Comércio, owner of Sao Paulo iconic bars Original, Pirajá, Lanchonete da Cidade and others.

NET WORTH STATISTIC
2014

$2.7 Billion

2015

$2.3 Billion

2016

$1.6 Billion

2017

$1.2 Billion

2018

$1.48 Billion

TIMELINE
Miguel Gellert Krigsner is a Bolivian-Brazilian entrepreneur. He is the president of the Brazilian company O Boticário, the second major cosmetic company in the Southern Hemisphere (Natura is the first). Krigsner is also the founder of the Fundação de Proteção à Natureza, one of the main Brazilian environmental NGOs.He was born in Bolivia into a Jewish family from La Paz. Born to Jacob Krigsner, a Polish Jew, and to Anneliese Krigsner, a German Jew. The Krigsners left Bolivia and moved to Brazil when Miguel was 11 years old, settling in the city of Curitiba.
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