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

Germany

Source of wealth

Candy

Residence

Berlin, Germany

Marital status

Married

Birth date

01/01/67 (age 57)

Self-made

inherited

Axel 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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