Reinold Geiger Net Worth $1.4 Billion
He’s working to get a French business that’s a global retailer of body, face, as well as house products which will be headquartered in Manosque, France. It had been established in 1976 by Olivier Baussan and is famous for its all natural lotions and perfumes made in Provence. Among its shea butter products is sold somewhere on earth every ten seconds. In 2010, it became recorded in the Hong Kong Stock Exchange. He has additionally established and developed a business during that time called AMS Packaging SA. It specialized in packaging for the high end colognes and cosmetics market. In 1990, Reinold Geiger chose to leave his business when he started to put money into declining businesses like the case of L’Occitane. When he became the company’s CEO, he made a push for the growth of the company notably in China and Japan where its natural-Povence made lotions and colognes have become increasingly popular. In 1996, after two years in the business, Mr. Geiger became its leading stockholder. Since then, L’Occitance has turned from a three-shop business to a global attractiveness products conglomerate with 1,500 outlets. In the past year, Geiger’s fortune was up by $400 million because of the continuing need for L’Occitane’s products. Mr. Geiger now possesses Les Couvent des Minimes spa hotel in Povence in addition to a beach house on the Ile de Re in the Atlantic as well as a ski chalet in Meribel.