Axel Oberwelland & family
$1.27B
as of 10/04/24
About Axel Oberwelland & family
Axel Oberwelland is proprietor of the German candy company August Storck KG, whose brands include Werther's Original, Riesen and Toffifee.
Oberwelland's great-grandfather August Storck founded the business in the Westphalia town of Werther in 1903.
At the time, sweets typically were sold unpackaged and without branding. He packaged his individually and gave them snappy names.
Today, Storck employs over 5,000 people, sells products in more than 100 countries and generates around $2 billion in estimated annual revenue.
Axel became the fourth generation of his family to lead the company after his father, Klaus, retired on Storck's 100th anniversary in 2003.
Personal stats
Citizenship
GermanySource of wealth
CandyResidence
Berlin, GermanyMarital status
MarriedBirth date
01/01/67 (age 57)Self-made
inheritedAxel Oberwelland & family’s fortune is worth
21K
troy ounces of gold
20K
median U.S. household
13K
median U.S. income
0.025%
U.S. credit card volume
0.005%
GDP of the United States
0.004%
United States debt
Net worth history
Annual ranking
Did you know?
In 1992, Klaus Oberwelland established the Stork Foundation to preserve endangered stork populations.
Net worth over time
Real-time ranking
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