#2433

Artur Grynbaum

Brazil 57 years old Self-Made

Overview

Source of Wealth
Cosmetics
Residence
Curitiba
Marital Status
Single

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.