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
GermanySource of wealth
Pet foodResidence
Krefeld, GermanyMarital status
MarriedBirth date
04/06/66 (age 58)Self-made
self-madeTorsten 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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