Friedhelm Loh is a German businessman who inherited his father's business, the Friedhelm Loh Group, 30 years ago. The group has grown to include 11,500 employees, 65 global subsidiaries and annual revenue of $2.5 billion. It specializes in providing software, products and services to a range of industries, including switchgear manufacturing, power distribution, steel and plastics. In 2013, the group acquired three companies in software and engineering. Loh also collects antique cars and publishes religious literature through his Christian Media Foundation. He is the honorary president of ZVEI, a German electronics and electric manufacturers' association, and established the Rittal Foundation in 2011 with a $6.8 million donation.
Friedhelm Loh is a member of Manufacturing
Friedhelm Loh, renowned for his role in manufacturing in Germany, has amassed tremendous wealth over the years. With an estimated net worth of $9.7 billion projected for 2024, Loh has established himself as one of the wealthiest individuals in the industry. Known for his successful ventures and contributions to the manufacturing sector, Loh's achievements have propelled him to great financial heights. His exemplary expertise and leadership have undoubtedly played a significant role in his immense wealth, while also solidifying his status as an influential figure within the manufacturing sphere in Germany.
2009
$1 Billion
2010
$1.7 Billion
2011
$2.7 Billion
2012
$2.6 Billion
2013
$2.6 Billion
2014
$3 Billion
2015
$2.7 Billion
2016
$2.4 Billion
2017
$2.7 Billion
2018
$3.61 Billion
Some Friedhelm Loh images
Biography/Timeline
1961
Friedhelm Loh is the son of Rudolf Loh, who founded a company in 1961 after inventing the "first mass-produced enclosures for electrical control systems".
2016
On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion.