Coral Cables resident Barbara Stiefel, is part of the fifth generation of the family which founded Stiefel Laboratories. Her father once led Stiefel Laboratories' international operations, with distributorships in 30 countries. Public records indicate that they lived in adjoining condos on Coral Way until he died in 2006. Forbes magazine estimated her wealth at $120 million. Privately held Stiefel Laboratories was a giant in skin care before selling out to GlaxoSmithKline in 2009 for $3.6 billion.
J.D. Stiefel (pronounced STEE -ful) founded the company in 1847 in Germany and made a fortune on medicated soaps. Management passed down through five generations of fathers and sons. Products included soap to wash away "freckles and unsightly tans,'' antioxidant lotions, anti-fungals, acne treatments and dandruff shampoos.
Public records indicate that they lived in adjoining condos on Coral Way until he died in 2006. Forbes magazine estimated her wealth at $120 million. She was one of President Barack Obama's top donors in 2012, with gifts including $1 million to a political action committee.
Charles Stiefel, former CEO of the family business and Barbara Stiefel's cousin, has given more than $11 million to Houston's M.D. Anderson Cancer Center.more » « less