Miguel Krigsner Net Worth

Miguel Krigsner has an estimated net worth of $6.9 billion, according to Forbes Real-Time Billionaires, Miguel Krigsner profile (figures as of October 20, 2026). That is up from $1.2 billion in 2019.

Miguel Krigsner is a Bolivian-Brazilian entrepreneur and the founder of Grupo Boticário, the cosmetics company behind the O Boticário brand. It is Brazil's second largest cosmetics company after Natura. He was born on January 9, 1950, in La Paz, Bolivia, into a Jewish family. His father, Jacob, was a Polish Jew and his mother, Anneliese, a German Jew; his parents had fled Nazi Germany and settled in Bolivia in the 1940s.

In 1961, when Miguel was 11, the family moved to Brazil and settled in Curitiba, the city where he would later build his business. He has stayed closely tied to Curitiba and helped create its Holocaust Museum.

Krigsner is also a major figure in Brazilian conservation. In 1990 he created the Boticário Group Foundation, devoted to environmental protection, which receives about 1% of the company's net income every year and has become one of Brazil's leading environmental groups.

How Miguel Krigsner made his money

Krigsner started O Boticário in Curitiba and grew it from a small operation into a national chain of beauty stores selling its own perfumes, makeup and skin care. Over time Grupo Boticário added more brands and expanded abroad, and it now operates in more than 50 countries. The brand became a familiar sight in Brazilian shopping malls and high streets, known for affordable fragrances sold under its own name.

He individually owns about 80% of the business. His brother-in-law, Artur Grynbaum, joined as a financial assistant and worked his way up to become president of the group by 2008; he owns about 20%. Today Krigsner and Grynbaum serve as president and vice president of Grupo Boticário's advisory board, leaving daily management to professional executives. Because the company is private, his figure is based on Forbes estimates of the value of his stake.

How Forbes has valued Miguel Krigsner

Forbes put Krigsner's net worth at $1.2 billion in 2019. It rose to $3.4 billion in 2020, fell to $2.2 billion in 2021, and was $3.3 billion in 2022 and $3.1 billion in 2023.

His fortune then climbed strongly, to $5.7 billion in 2024, $6.1 billion in 2025 and $6.8 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker showed $6.9 billion, the highest figure he has recorded.