Alexander Otto
$9.32B
$8.4M (-0.1%)
as of 03/31/25
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 mother 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
GermanySource of wealth
Real estateResidence
Hamburg, GermanyMarital status
MarriedBirth date
07/07/67 (age 57)Education
Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Harvard CollegeSelf-made
inheritedAlexander Otto’s fortune is worth
155K
troy ounces of gold
143K
median U.S. household
93K
median U.S. income
0.186%
U.S. credit card volume
0.037%
GDP of the United States
0.027%
United States debt
Net worth history
Annual ranking
Did you know?
His brother, Michael Otto, also a billionaire, ran Otto Group for 26 years until 2007. He is now chairman of its supervisory board.
Net worth over time
Real-time ranking
Financial assets
XETRA | DEQ-DE
Deutsche EuroshopNYSE | PGRE-US
Paramount GroupNYSE | SITC-US
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