| Birth Day | February 12, 1924 |
| Birth Place | Germany |
| Age | 96 YEARS OLD |
| Died On | 11 October 2017(2017-10-11) (aged 93)\nArosa, Switzerland |
| Birth Sign | Pisces |
| Occupation | Founder, Massa |
| Spouse(s) | Hannelore Kipp |
| Children | Ernst-Ludwig (deceased) and Ursula |
| Relatives | Laura Bechtolsheimer (granddaughter) |
Karl-Heinz Kipp, a prominent figure in the world of fashion and retail in Germany, is projected to have a net worth of $4.5 billion by 2024. His immense success in the industry has propelled him to great heights, establishing him as a leading entrepreneur. Through his astute business acumen and keen eye for fashion trends, Karl-Heinz Kipp has managed to create an empire, both in the retail and fashion spheres. With a portfolio showcasing exclusive brands and a deep understanding of consumer preferences, he has built a reputation for delivering exceptional quality and style. As he continues to shape the fashion and retail landscape in Germany, Karl-Heinz Kipp's net worth serves as a testament to his outstanding achievements.
Kipp began his career in 1948 selling clothes and opened his first Massa department store in 1965.The Massa stores were introduced on the German stock market in 1986. In 1987 Kipp sold his remaining shares but he kept the real estate of the stores, which he rented to the retailer Metro AG.
His son, former Florida resident Ernst-Ludwig Kipp, died in 2003, leaving behind his seven children. His daughter Ursula married Dr Wilfried Bechtolsheimer and together they have three sons, Felix (a singer with the rock group Hey Negrita), Goetz, and Till, and a daughter, Laura, an Olympic dressage rider.
