Torsten Toeller

$1.73B
as of 10/04/24

About Torsten Toeller

Visiting the U.S. in the late 1980s, Torsten Toeller encountered pet supply superstores and decided the concept deserved a try in his native Germany.

When he opened his first Fressnapf store in 1990, in Erkelenz, customers were initially unimpressed with his selection and prices.

Toeller doubled down by selling his car to raise cash, invested in more inventory and went for broke with aggressive discounts.

The gamble paid off, and in 1992 Fressnapf Tiernahrungs GmbH began opening franchise stores, paving the way for rapid growth.

Today, with around 14,000 people working in approximately 1,650 stores in 11 countries, it is Europe's largest pet-focused chain.

Personal stats

Citizenship

Germany

Source of wealth

Pet food

Residence

Krefeld, Germany

Marital status

Married

Birth date

04/06/66 (age 58)

Self-made

self-made

Torsten Toeller’s fortune is worth

29K

troy ounces of gold

27K

median U.S. household

17K

median U.S. income

0.035%

U.S. credit card volume

0.007%

GDP of the United States

0.005%

United States debt

Net worth history

Annual ranking

Did you know?

He is a car fanatic and former sailor.

Net worth over time

Real-time ranking

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