Friedrich Knapp
$4.77B
as of 10/04/24
About Friedrich Knapp
Friedrich Knapp presides over one of Europe's largest fashion companies, New Yorker GmbH, which has more than 1,000 stores in 40 countries.
The low-profile billionaire, with Tilmar Hansen and Michael Simson, started the retailer in 1971, with one store in the German town of Flensburg.
Today, the chain employs more than 18,000 people and has revenues of around $2 billion.
New Yorker is known for targeting a younger audience with fashion ranging from outerwear and knitwear to jeans and athletic apparel.
In 2019, Knapp challenged Amazon, claiming that a large proportion of textiles sold by the online giant did not comply with the German textile labeling act.
Personal stats
Citizenship
GermanySource of wealth
Fashion retailResidence
Brunswick, GermanyMarital status
MarriedBirth date
05/06/51 (age 73)Number of children
3Self-made
self-madeFriedrich Knapp’s fortune is worth
80K
troy ounces of gold
73K
median U.S. household
48K
median U.S. income
0.095%
U.S. credit card volume
0.019%
GDP of the United States
0.014%
United States debt
Net worth history
Annual ranking
Did you know?
Knapp promotes cultural education among underprivileged children and teens through the New Yorker Foundation.
Net worth over time
Real-time ranking
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