Günter Herz

Günter Herz (born 1940)[1] is a German businessman, former CEO of the German coffee shop and retail chain Tchibo.

Günter Herz
Born1940
NationalityGerman
Known forFormer CEO, Tchibo
Net worth$2.8 billion (May 2015)[1]
Spouse(s)married
Children2
Parent(s)Max Herz
Ingeburg Herz
RelativesMichael Herz (brother)
Wolfgang Herz (brother)
Daniela Herz-Schnoekel (sister)
Joachim Herz (brother, deceased)

Early life

Günter Herz is the son of Max Herz and Ingeburg Herz.[1] Max Herz co-founded Tchibo in 1949 with Carl Tchilinghiryan.

Career

Tchibo is 100% owned by three members of the Herz family, Ingeburg Herz (Max Herz's widow), and two of her sons, Michael and Wolfgang Herz. In 2003, they bought out their brother, Günter, and sister, Daniela Herz-Schnoekel's 40% stake. In 2008, their brother Joachim died in a motorboat accident.[1]

According to Forbes, Herz has a net worth of $2.8 billion, as of May 2015.[1]

Personal life

Herz is married with two children, and lives in Hamburg.[1]

References

  1. "Guenter Herz". Forbes. Retrieved 25 May 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.