Billionaire Profile
Artur Grynbaum
Global Rank
#2233

Image: Public domain | via Wikimedia Commons

Artur Grynbaum

CEO, Grupo Boticário
BR
Real-Time Net Worth
$1.6B
As of December 2025
Age
56
Source
Cosmetics
Industry
fashion-retail
Citizenship
BR

Biography

Artur Grynbaum is a prominent Brazilian businessman, renowned for his significant contributions to the cosmetics industry. With an estimated net worth of $1.6 billion, Grynbaum's wealth stems from his involvement with Grupo Boticário, a leading fashion-retail company. He began his career within the company in 1986 and progressively ascended to leadership roles, including CEO in 2008. His career is marked by his strategic leadership and his contribution to Grupo Boticário's growth. Currently, he serves as the Vice-President of the Board of Directors. His dedication to innovation and sustainability has marked his tenure, leading the company to receive multiple accolades and driving it towards a future focused on sustainable development.

Wealth Over Time

In-Depth Profile

Early Life and Career Beginnings

Artur Grynbaum was born in Curitiba, Paraná, Brazil, in 1968. He is known for his strong entrepreneurial background, having joined Grupo Boticário in 1986 as an assistant financial analyst. He has a degree in Business Administration from FAE Centro Universitário, with a specialization in Marketing. Grynbaum started in the company at a young age and has worked through various sectors, building up experience and strategic vision.

Rise to Success

Grynbaum rose through the ranks within Grupo Boticário, and in 2008, he became the CEO, succeeding the founder Miguel Krigsner. During his tenure as CEO until the end of 2019, Grynbaum oversaw the transformation of Boticário into a multi-brand holding company. This included the expansion of the company through several business units, such as O Boticário, Eudora, and Vult. His leadership was marked by the acceleration of digitalization, the internationalization of the brand, and the expansion of franchise operations. Under his management, the company grew to become one of the largest franchise networks in Brazil and Latin America. His leadership was recognized as he was named one of Brazil's best executives by leading headhunters.

Key Business Strategies

Grynbaum's strategies included a focus on innovation in processes, consumer experiences, and store formats. He implemented a multi-channel platform that included stores, e-commerce, and direct sales. Under his leadership, the Group was recognized for corporate governance, franchise excellence, and innovation. He was also responsible for the creation of the Instituto Grupo Boticário to promote biodiversity conservation and positive social impact. Furthermore, Grynbaum emphasized values such as ethics, innovation, and socio-environmental responsibility, aiming for sustainable development.

Philanthropy

The Grupo Boticário has the Boticario Group Foundation dedicated to environmental protection, which receives about 1% of Grupo Boticario's net income annually.

Career Milestones

1986

Joined O Boticário

Began his career as an assistant financial analyst at O Boticário.

2008

CEO of Grupo Boticário

Succeeded the founder Miguel Krigsner as CEO, leading the company's expansion and transformation.

2020

Vice-President of the Board of Directors

Transitioned to the Vice-President role, contributing to long-term strategic direction.

Philanthropy & Social Impact

Environmental Conservation and Social Impact

Instituto Grupo Boticário

Unknown

Actions focused on the conservation of biodiversity and positive social impact.

Business Philosophy & Leadership

Notable Quotes

"Empreendo para gerar oportunidades para que as pessoas possam ter um trabalho e, consequentemente, uma vida melhor para elas e para a família."

Leadership Principles

Innovation

Promoting innovation in all aspects of the business, including processes and consumer experiences.

Sustainability

Implementing practices focused on ethical conduct, innovation, and socio-environmental responsibility.