Wolfgang Herz Net Worth
| Category | Information |
|---|---|
| Net Worth | $4.4 billion |
| Salary | N/A |
| Birthdate | N/A |
| Birthplace | N/A |
| Gender | Male |
| Height | N/A |
| Profession | German entrepreneur |
| Nationality | German |
What is Wolfgang Herz’s Net Worth?
Wolfgang Herz, a German entrepreneur, has an estimated net worth of $4.4 billion. As a co-owner of Tchibo Holding, one of Germany’s largest retail groups, he inherited a significant portion of his wealth from his late father, Max Herz, who was a coffee baron. The company’s profitability has made the Herz family one of the wealthiest clans in Germany.
Highlights
- Wolfgang Herz’s net worth is $4.4 billion.
- He is a German entrepreneur and co-owner of Tchibo Holding.
- The Herz family is one of the richest clans in Germany.
Early Life
Details regarding Wolfgang Herz’s birthdate, birthplace, and early life are not available.
Career
Wolfgang Herz’s career primarily revolves around his role as a co-owner of Tchibo Holding. Alongside his brother Michael, he successfully pushed out their siblings, Gunter and Daniela, from the company during a long-standing family feud in 2003. Their brother Joachim’s subsequent death further intensified the quarrel for the family fortune. Tchibo Holding not only possesses significant retail holdings but also has a 50% stake in Beiersdorf AG, a personal care company known for the famous Nivea brand.
Personal Life
Specific details about Wolfgang Herz’s personal life are not available at the moment.
Net Worth Over Time
Wolfgang Herz’s net worth has experienced considerable growth over time. As an heir to his late father’s fortune, his wealth has significantly increased due to Tchibo Holding’s success in the retail industry. The continuous growth of the company and its valuable holdings have played a key role in contributing to Wolfgang Herz’s remarkable net worth.
Components of Net Worth
Wolfgang Herz’s net worth primarily consists of his ownership stakes in Tchibo Holding and the assets associated with it. The company’s retail holdings and its 50% ownership in Beiersdorf AG contribute significantly to his overall net worth. Additionally, his inherited wealth from his late father, Max Herz, also influences his net worth.
This article is for informational purposes only. All net worth figures are estimates based on data drawn from public sources, and unless otherwise specified, they should be considered approximations. Corrections and feedback are always welcome to ensure the accuracy of the information.