Reinold Geiger
Reinold Geiger (born 10 July 1947 in Dornbirn, Voralberg) is an Austrian businessman who is also the fifth wealthiest person in Austria.
Life
Reinold Geiger was born on 10 July 1947 in Dornbirn which is a city in the Austrian state of Voralberg. His father was a carpenter in the city. Geiger went on to graduate as a mechanical engineer from ETH Zurich. After finishing his undergraduate degree he obtained a masters degree from the INSEAD Business School.[1]
He is married and has three sons.
Career
He opened several small businesses in the early seventies. From then on he went on to open a company focused on cosmetic packing and within a few years acquired the small cosmetics company called L’Occitane.[1]
After becoming the CEO of L’Occitane he began a steady expansion of the company in China and Japan where the products became increasingly popular over the years. His intelligent expansion scheme not only resulted in huge profit margins but also made L’Occitane one of the biggest successes in the beauty products industry.[1]
Wealth
His net worth is estimated at USD 1.36 billion by Forbes magazine.[2] He is estimated to be the 5th wealthiest person in Austria.[3]
Awards
He has received the 2008 Helen Keller Award For Corporate Responsibility.[1]