Wolfgang Herz Net Worth

Wolfgang Herz is a German billionaire who, together with his brother Michael, derives his fortune from two of Germany's most recognized companies: Tchibo and Beiersdorf AG. Their father, Max, founded Tchibo in 1949 and the family holding company maxingvest ag owns 100% of Tchibo and 46% of Beiersdorf. Both companies have annual revenues of around $3.5 billion and $7 billion respectively. Tchibo is facing increasing pressure from coffee rivals and consumer goods discounters, while Beiersdorf has continued on a steady growth path. Wolfgang's older brother Guenter and sister Daniela Herz-Schnoeckel were bought out in 2003 and his fourth brother, Joachim, died in a motorboat accident in 2008. Their mother, Ingeburg, died in 2015 at age 95.
Wolfgang Herz is a member of Fashion and Retail

Age, Biography and Wiki

Birth Year	1950
Birth Place	Hamburg, Germany, Germany
Age	73 YEARS OLD
Residence	Hamburg, Germany
Occupation	member of Maxingvest's Supervisory Board
Known for	Co-owner, Tchibo
Parent(s)	Max and Ingeburg Herz
Relatives	Michael Herz (brother) Günter Herz (brother) Daniela Herz-Schnoekel (sister) Joachim Herz (brother, deceased)

💰 Net worth: $6.1 Billion (2024)

Wolfgang Herz is a prominent figure in the German fashion and retail industry. With an estimated net worth of $6.1 billion in 2024, he has made significant contributions to this sector. As a business leader and entrepreneur, Wolfgang Herz has successfully built and managed various fashion and retail enterprises, solidifying his position as one of the wealthiest individuals in Germany. His entrepreneurial endeavors have not only brought him substantial financial success but have also made him a respected figure in the business world.

2009 $2.8 Billion

2010 $3.8 Billion

2011 $3.8 Billion

2012 $4.5 Billion

2013 $4.7 Billion

2014 $4.5 Billion

2015 $4.5 Billion

2016 $3.8 Billion

2017 $4.4 Billion

2018 $5.21 Billion