Richest

Top 10 Richest Persons of Germany

1. Georg Schaeffler

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George Schaeffler is the German business businessman and also a billionaire and holds the 80 percent stakes in the INA Schaeffler & Co and other 20 percents are hold by his mother. He is ranked first in the list of top 10 richest person of Germany with an estimated net worth so US $ 26.9 billion. He is the business graduate and starts his professional working career with the Schaeffler Group. In 2008 he newly establish the Schaeffler Group with an expense of US $ 15 billion and acquire the auto parts venture and becomes the largest tire manufacturer of the world.

2. Dieter Schwarz

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Dieter Schwarz is the famous German entrepreneur and the owner of the Schwarz Group. He is the CEO and the Chairman of the Hypermarket chain Kaufland and the supermarket chain Lidi. He is the second richest person of Germany and ranked the 23 in the world richest person list. Dieter Schwarz estimated net worth is US $ 19.4 billion.

3. Karl Albert

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Karl Albrecht with his brother Theo Albrecht starts working with his mother’s grocery store after the World War II. They both deal with the business operation and take matters into their own hands and turned it into the large retail chain with low prices and no frills. The brothers become splits in 1961 and they decided to split the ownership. Karl took his business high and turns it into the more profitable stores in southern Germany and he gives rights to the brand in the USA, UJ and Australia. He also owns the Aldi Sud which is the German giant discount supermarket chain with more than 4,600 stores in nine countries and including the 1,200 locations in 32 states of USA. Karl estimated net worth is US $ 19 billion and he is the 3rd richest person of the country.

4. Michael Otto

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The Otto family is ranked the richest family of Germany who owns Crate and Barrel. The family business has grown so large and become the second largest Internet retailer worldwide, just after Amazon. Michael Otto, who is the CEO of the Otto Group for last 26 years and he recently retired in 2007. His brother Alexander manages the Otto’s family ECE Group, which manages 185 shopping centers and is considered the most valuable asset of family. The Otto’s family also own 13 million square feet of prime real estate in the USA and mostly are located in the New York City. Michael Otto estimated net worth is US $ 18.1 billion and ranked at 4th in the top 10 richest persons of Germany.

5. Susanne Klatten

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Susanne Klatten is the inherited billionaire and holds the 12.6 percent stake in BMW. Susanne also controls the chemical manufacturer company “Altana” and holds the majority stakes in wind power business of Nordex AG, graphite and carbon producer SGL and in the Geohumus which is the specialized firm in developing the water storing refine that will be used in agriculture. Due to her massive wealth, Helg Sgarbi her ex boyfriend, tried to blackmail her for millions but he not get success and sent to jail for 6 years for the fraud and extortion attempted. Susanne Klatten estimated net worth is US $ 16.8 billion and she is the fifth richest person of Germany.

6. Stefan Quandt

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Stefan Quandt is also the inherited billionaire and he is the Son the late Johanna Quand and Herbert Quandt. Stefan holds the 17.4 percent stakes in the German automobile manufacturer BMW. He shares the company’s supervisory board along with her sister Susanne Klatten, and will become the chairman of the board in future. It is very hard to known about their professional lives because the Quandt’s family is extremely shy for the publicity and Very little information about their personal lives. Stefan Quandt estimated net worth is US $ 15.6 billion and he is become the 6th richest person of Germany.

7. Johanna Quandt

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Johanna Quandt is the Germany’s richest women has definitely come a long way from simply being the secretary of Herbert Quandt to his wife and also has the legal successor to his fortune. Johanna Quandt is the inherited a portion of his stock ownership in BMW, which he spared from bankruptcy in the late 1950’s. Her children, Stefan Quandt and Susanne Klatten also have significant stakes in BMW and are also in the list of Germany’s richest people. She now lives in a quaint town near Frankfurt called Bad Homburg. Johanna Quandt estimated net worth is US $ 13.9 billion and she is the seventh richest person of Germany.

8. Klaus Michael

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Klaus Michael is born to the business family which controls the logistics and transportation company Nagel and Kuehne for more than four decades. He got the inherited business from his grandfather, August, who was founder of the company but he no longer serves as the chairman of the company but still he holds half of the shares of the company. He is also part of the Albert Ballin KG group which is the group of investors who coupled together in an effort to keep the Germany’s oldest shipping and transportation company. Klaus Michael estimated net worth is US $ 11.9 billion.

9. Hasso Plattner

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Hasso Plattner is the truly self-made billionaire in the list of top 10 richest person of Germany with estimated net worth of US $ 9.1billion. His wealth can be credited to the success of German software SAP Company. Plattner has established this tech firm in 1972 with other four IBM classmates, who are also billionaires in their own rights. He also founded the Hasso Plattner Institute for IT engineering at the University of Potsdam, where he take the classes in enterprise software systems.

10. Curt Engelhorn

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Curt Engelhorn is also the inherited German billionaire and he is ranked the last in the top 10 richest people of Germany with estimated net worth of US $ 8.6 billion. Curt Engelhorn has continues to his grandfather’s legacy by leading the pharmaceutical companies Depuy and Boehringer Manheim which he later sold against US $11 billion to Roche. He is also a the greatest philanthropist and the bighearted donor to the Heidelberg Center for American Studies in the Heidelberg University and funding it regularly with a yearly donation of US $500,000.

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