Wolfgang Herz
$7.89B
as of 07/05/24
About Wolfgang Herz
Together with his brother Michael, Wolfgang Herz derives his fortune from two of Germany's most recognized companies: Tchibo and Beiersdorf.
Their father, Max, along with Carl Tchiling-Hiryan, founded Tchibo, which imports and sells coffee, in 1949. Max passed away in 1965.
Tchibo expanded into retailing a range of other consumer goods and services including clothing and electronics.
Family holding company maxingvest ag controls 100% of Tchibo and around 47% of the voting shares of Beiersdorf, whose brands include Nivea and Eucerin.
Older brother Guenter and sister Daniela Herz-Schnoeckel were bought out in 2003.
Personal stats
Citizenship
GermanySource of wealth
CoffeeResidence
Hamburg, GermanyBirth date
01/01/51 (age 73)Self-made
inheritedWolfgang Herz’s fortune is worth
132K
troy ounces of gold
121K
median U.S. household
79K
median U.S. income
0.158%
U.S. credit card volume
0.032%
GDP of the United States
0.023%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Max Herz came up the idea of opening stores where coffee could be both sipped and sold over the counter -- a forerunner to Starbucks.
Net worth over time
Real-time ranking
Financial assets
XETRA | BEI-DE
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