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These are the 1000 richest Germans
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This is how the richest Germans made their fortunes
Discounted items, coffee and cars – this is how you can get really rich in Germany. This is shown in the list of the richest Germans, presented exclusively by WELT AM SONNTAG. First of all: Dieter Schwarz, founder of the Lidl and Kaufland supermarket chains.
The crisis has increased the total wealth of the richest. An exclusive list from WELT AM SONNTAG reveals who the richest people in Germany are and how much they own. Read the full ranking here.
reDieter Schwarz, 80, founder of the Lidl and Kaufland supermarket chains, is the richest German with an estimated fortune of 41.8 billion euros. With a turnover of 113.3 billion euros, the Schwarz Group is also the largest family business in the country.
In second and third place among the richest Germans are the Reimann family (Coty, Jacobs Douwe Egberts) with an estimated total assets of € 21.45 billion and the Wolfgang Porsche family (Porsche, VW) with € 20 billion.
>>> Read the full ranking here.
This is what WELT AM SONNTAG reports in its September 20, 2020 issue of the 1000 richest Germans * and offers the most comprehensive description of the development of wealth of the German financial elite. The list previously published by the business magazine BILANZ appears for the first time in WELT AM SONNTAG. The top 250 assets are available in the print newspaper and another 750 locations on WELT.de.
So far, the crown crisis has had little impact on Germany’s main assets: the belongings of the 1000 richest Germans total 1.1 trillion euros. That’s 0.76 percent more than the previous year. In Germany a total of 251 billion assets were determined, eight less than the previous year.
339 of the 1000 assets examined have been reduced (in a total of 46.9 billion euros) and only increased 122 times. But growth far outpaced losses by € 55.4 billion. While assets in mechanical and plant engineering, non-food retail, auto suppliers or tourism fell dramatically in some cases, they grew disproportionately in other sectors, driven by the crown, such as information technology and medicine, the pharmaceutical industry and online commerce.
* All property data in WELT AM SONNTAG’s 1000 richest Germans rankings are estimates. The basis of the survey is research in records, archives and documentary funds, among asset managers, financial experts and economists, lawyers and representatives of the ranking itself. Among others, share capital (as of September 15, 2020), companies (according to turnover, profitability, Market position), capital investments, real estate, but also art collections and family foundations.
You can read the full research at WELT AM SONNTAG. We are happy to take them home on a regular basis.
Source: Welt am Sonntag
