Paul Gauselmann & family

$2.41B

$21.4M (-0.9%)

as of 12/03/24

About Paul Gauselmann & family

Paul Gauselmann has been called the "pope of the amusement business" in Germany.

He began his career in 1957 working as an apprentice telecommunications inspector and mounted jukeboxes in his spare time.

In 1964, he founded the company that turned into Gauselmann Group. He opened the first Merkur amusement arcade in 1974.

Today, Gauselmann Group has annual revenue of around $3 billion and employs more than 13,000 people.

The company operates arcades throughout Europe and produces both AWP (amusement with prize) and SWP (skill with prize) machines.

Personal stats

Citizenship

Germany

Source of wealth

Gambling

Residence

Espelkamp, Germany

Marital status

Married

Birth date

08/26/34 (age 90)

Number of children

Self-made

self-made