As children, we all loved listening to some or the other stories of Snow White, Sleeping Beauty and Cinderella. Do you know the castles and town settings of these cartoons were inspired from Germany’s historical castles? Germany, as much as it is famous for its hamburgers and sausages, so it is for its heritage as well. Besides, in recent years, with expansion and beginning of many industries, Germany has boosted a lot in economy as well.
Here is a list of top 10 Jerry billionaires, the richest persons of Germany as in 2017 (Jerry is a nickname used for Germans). Read on.
10. Heinz Hermann Thiele
Born in Munich, the 76-year old billionaire began his career as a legal clerk. Moving on and passing through a couple of positions like legal head and sales manager, he finally became the board member of Knorr Bremse AG. The company is a leading international manufacturer of vehicle braking systems. Although he still sits on the supervisory board, he spends most of his time in hiking, skiing, animal photography and various philanthropic works.
9. Dietmar Hopp
Residing in Walldorf, Hopp is the co-founder of the multinational corporation SAP AG. In between a period from 1988 until 2005, Hopp served 10 years as the CEO, 4 years as the Chairman of Supervisory board and remaining years as a Board member there. Even after he left the board, he was honoured by naming the street of SAP headquarters on his name Dietmar-Hopp-Allee. Thereafter, he donated 70% of his wealth (yes 70%) to a foundation supporting medicine, sports and education. Withal, everywhere you see, true richness lies in the heart, isn’t it?
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8. Klaus Michael Kuehne
In 1890s, Kuhne and Nagel, the international transport organization started from a humble cotton freight service and expanded to German seaport city. The company was founded by August Kuhne and Friedrich Nagel. Coming from this ancestry line of Kuhne’s, Klaus Michael is the third generation holding majority of stakes in the company today. Born in Hamburg, the 80-year old billionaire currently resides in Switzerland.
7. Hasso Plattner
Who says engineers have no life. Take Mr. Hasso, the chairman of SAP SE. He is a keen hobbyist of sailing, golf and hockey. Plattner is perhaps one of the German billionaires who plays a significant role in revolutionizing the software industry, and the city too. Apart from being the Chairman and co-founder of the company, Plattner is a big time philanthropist. He has contributed and supported many campaigns for AIDS, mainly in universities of Kwazulu Natal and Cape Town.
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6. Karl Albercht Jr.
From a small corner grocery stall in western Germany, brothers Brothers Karl and Theo Albrecht expanded their empire to the biggest grocery empire. The grocery chain was divided into Aldi and Aldi Nord. After his demise in 2014, his heir Karl Albercht Jr. is now one of the richest persons in Germany. Along with his sister Beate Heister, he owns a net worth of $6.1 billion. Despite of being one of the richest personalities, Senior Albercht mostly kept away from the media and so, little is known about his children and private life.
5. Stefan Quandt
The quinquagenarian German billionaire is the heir to Herbert Quandt and Johanna Quandt. His father Herbert is known to have saved BMW when it was at the edge of bankruptcy and made a huge profit out of it. And so, after his father’s death in 1982, Stefan too inherited 17% shares in BMW. Born in Bad Homburg, the businessman studied engineering at University of Karlsruhe and is also married to a software engineer Katharina.
4. Michael Otto
In supermarkets, in malls, in offices or maybe in your home, somewhere or the other you must have seen a furniture piece of Crate & Barrel. However, not many know that behind this leading home décor brand is the Otto Group; the head of the group Michael Otto being one of the top German billionaires. Being a big-time environmentalist, Michael’s organization is committed to developing ecologically-safe products. Now, that’s a real rich citizen of the world!
3. Susanne Klatten
Often and everywhere, women speak about their adversities, family and all. But few are bold enough to stand by her. If you too want to, Klatten is your inspiration. Richest woman of Germany and 38th richest person in the world she is. She holds over half of the shares in leading chemical manufacturer Altana and almost 12% stakes in BMW.
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2. Georg Schaeffler
Mostly, bourgeois people see the inherited riches of a billionaire and not his hard work behind. Likewise, when you really read about Mr. Schaeffler, you’ll know, he is one of the top ten richest not for no reason. His practice of business, law and armed forces tells the history why the German-born is a billionaire today. Schaeffler is also a member of the supervisory board of the world’s leading tyre manufacturer, Continental AG.
1. Dieter Schwarz
Balancing is the key. This is what we learn from him. Despite of being one of the world’s richest persons, he has, very protectively, kept his family out of the media’s spotlight. Born in Heilbronn, Schwarz is the owner of Schwarz-Gruppe, a private family retail group based in Neckarsulm. The group also comprises of supermarket brands Lidl and Kaufland; and is Europe’s largest retailer behind Walmart.