Clemens Toennies

$1.16B

as of 10/04/24

About Clemens Toennies

Clemens Toennies owns 45% of German food industry giant Toennies Lebensmittel, with annual revenue of around $6 billion. His son Maximilian owns 5%.

Operating meat, convenience, ingredients and logistics divisions, the company specializes in pig, sow and beef cattle slaughtering and processing.

Clemens attended butchery college and, in 1971, cofounded the company with his brother, Bernd.

Bernd died in 1994, at age 42. His son, Robert, now owns 50% of the business, which employs more than 15,000 people in facilities in Germany and Denmark.

Clemens fought in court with Robert for several years. In 2017, they settled their dispute over ownership of stakes in the company.

Personal stats

Citizenship

Germany

Source of wealth

Meat processing

Residence

Rheda-Wiedenbrück, Germany

Birth date

05/27/56 (age 68)

Self-made

self-made