This Years Top 10 Richest From Germany & How They Made Their...

This Years Top 10 Richest From Germany & How They Made Their Billions

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With the Euro-crisis having its effect across the whole of the continent, Germany’s top 10 richest have nothing to do with the banking or financial sectors. In fact, the top 100 richest Germans have managed to increase their fortunes by 6.5 percent over the past 12 months. Not bad going considering the climate.

 

Meet the top 10 Richest Germans

 

#10 Rethmann Family

#10 Rethmann Family

Worth: €6 billion ($8.2 billion)
How the money’s made: Through the ownership and operation of private water, raw material and waste management company, Remondis.


Tied #8 Oetker Family

Tied #8 Oetker Family

Worth: €7 billion ($9.5 billion)
How the money’s made: Through ownership of giant food company, Oetker.


Tied #8 Günter and Daniela Herz

Tied #8 Günter and Daniela Herz

Worth: €7 billion ($9.5 billion)
How the money’s made: By the operation of mega-shipping company Germanischer Lloyd.


#7 Reinhold Family

#7 Reinhold Family

Worth: €7.2 billion ($9.8 billion)
How the money’s made: Ownership and operation of Würth Elektronik.


Tied #5 Reimann Family

Tied #5 Reimann Family

Worth: €8 billion ($10.9 billion)
How the money’s made: Through the operation of Reckitt Benckiser, the manufacturer of several popular household cleaning products. Also on the portfolio is perfume and cologne manufacturer Coty.


Tied #5 Susanne Klatten

Tied #5 Susanne Klatten

Worth: €8 billion ($10.9 billion)
How the money’s made: She’s the heiress to the BMW fortune. She inherited an substantial stake in the car manufacturer after her father’s death and also a majority stake in chemicals company Altana.


#4 Otto Family

#4 Otto Family

Worth: €9 billion ($12.2 billion)
How the money’s made: Through the ownership of private mail order company, Otto mail order.


#3 Dieter Schwarz

#3 Dieter Schwarz

Worth: €11.5 billion ($15.6 billion)
How the money’s made: Through the running of supermarket titan Lidl and hypermarket chain Kaufland.


#2 Berthold and Theo Albrecht Jr.

#2 Berthold and Theo Albrecht Jr.

Worth: €16 billion ($21.8 billion)
How the money’s made: Through ownership and operation of Aldi Nord, the supermarket chain.

 

And in at number #1…Karl Albrecht

And in at number #1...Karl Albrecht
Worth: €17.2 billion ($23.4 billion)
How the money’s made: Through ownership and operation of the other side of the Aldi supermarket chain, Aldi Sud.

 

ARTICLE SOURCE: Manager Magazin

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