Alexander Otto

$8.97B
$2.9M
as of 07/05/24

About Alexander Otto

Alexander Otto owns a stake in Otto Group and is majority shareholder and CEO of ECE Group, a commercial real estate firm focused on shopping centers.

His late father, Werner Otto, started the empire by founding a mail-order business in Hamburg in 1949.

With revenues exceeding $15 billion, Otto Group has more than 40 companies in retail (including Crate and Barrel), real estate and financial services.

His stepmother Maren and her daughter Katharina share a 14% stake with him in Paramount Group, which owns and manages office properties in the U.S.

Investing heavily in shopping centers, he became a shareholder of publicly-traded Deutsche EuroShop in 2001.

Personal stats

Citizenship

Germany

Source of wealth

Real estate

Residence

Hamburg, Germany

Marital status

Married

Birth date

07/07/67 (age 57)

Education

Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Harvard College

Self-made

inherited

Alexander Otto’s fortune is worth

150K

troy ounces of gold

138K

median U.S. household

90K

median U.S. income

0.179%

U.S. credit card volume

0.036%

GDP of the United States

0.026%

United States debt

Net worth history

Annual ranking

Did you know?

Alexander's half-sister, Katharina Otto-Bernstein, writes and produces art movies in the U.S.

Net worth over time

Real-time ranking

Financial assets

XETRA | DEQ-DE

Deutsche Euroshop

NYSE | PGRE-US

Paramount Group

NYSE | SITC-US

SITE Centers

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