Meet the cosmetic tycoon, Miguel Krigsner, president of the major cosmetic company, O Boticario, in Brazil. This 65-year old entrepreneur is, according to Forbes, the 810th billionaire in the world, with a net worth of $2.1 billion. Krigsner’s is a fascinating story of a Bolivian immigrant who turned his small downtown pharmacy into one of the major cosmetic companies of the Southern Hemisphere.
Apart from his commercial success, Krigsner has also made a name for himself in his aim to give back to the community, especially the environment, by founding the Fundacao Boticario de Protecao a Natureza, one of Brazil’s most important environmental NGO.
Krigser was born in La Paz, Bolivia, on 9th January, 1950, from where his parents immigrated to Brazil when he was a young boy of 11. In Curitiba, Parana, where his family settled after fleeing from Nazi Germany, he graduated with a degree in Pharmacy and Biochemistry in 1975.