BillionaireNet
Geiger
R
Rank #1180
AUSTRIAFashion & RetailBeauty products

Reinold Geiger

Net Worth
$3.442B
0% (24h)
Reinold Geiger, the Austrian businessman, is a prominent figure in the beauty and retail industry, celebrated for his substantial net worth and role as Chairman and Executive Director of L'Occitane en Provence. Geiger's wealth stems from his strategic investment in beauty products, transforming L'Occitane into a global brand. His career includes founding the AMS Packaging Company and taking over management of L'Occitane. Geiger's career is marked by his entrepreneurial acumen, leading to significant achievements, including the listing of L'Occitane on the Hong Kong Stock Exchange. As of 2024, Reinold Geiger's net worth is estimated at $3.4 billion, reflecting his successful business ventures.

The Full Dossier

Early Life

Reinold Geiger was born in Dornbirn, Austria, on July 10, 1947. His father worked as a carpenter. Despite his modest upbringing, Geiger developed a strong interest in education, earning a degree in engineering from the Swiss Federal Institute of Technology in Zürich in 1969 and an MBA from INSEAD in Fontainebleau, France, in 1976.

Rise to Success

Geiger's career began with entrepreneurial ventures. In 1978, he founded AMS Packaging Company in Paris, which specialized in cosmetics packaging. He sold this company profitably, demonstrating his business acumen. A pivotal moment arrived in 1994 when Geiger invested in L'Occitane en Provence. He then took over its management. Under Geiger's leadership, L'Occitane experienced significant growth and global expansion.

Key Business Strategies

Geiger's success is closely tied to his strategic approach to L'Occitane. He oversaw the brand's expansion to over 3,400 outlets in 90 countries. A major milestone was the listing of L'Occitane on the Hong Kong Stock Exchange in May 2010. In 2021, Geiger stepped down as CEO but remains Chairman and Executive Director, continuing to guide the company's direction. He owns 70% of the company.

Philanthropy

Geiger created the L'Occitane Foundation in 2006 with the goal of funding quality optometry services. Further details on Geiger's specific philanthropic amounts are not readily available.

Career Timeline

2021

Stepped Down as CEO

Stepped down as CEO of L'Occitane, remaining Chairman and Executive Director.

2010

L'Occitane IPO

L'Occitane listed on the Hong Kong Stock Exchange.

1994

Invested in L'Occitane

Started investing in L'Occitane en Provence and took over management.

1978

Founded AMS Packaging Company

Founded AMS Packaging Company in Paris, which specialized in cosmetic packaging.

1976

Graduated

Received an MBA from INSEAD.

1969

Graduated

Earned a degree in engineering from the Swiss Federal Institute of Technology in Zürich.

Philanthropic Impact

Vision CareUndisclosed

L'Occitane Foundation

Created in 2006 to fund quality optometry services.

Wealth Trajectory