Hans Riegel
Food and Beverage

Hans Riegel Net Worth

Hans Riegel, born on March 10, 1923 in Germany, is the Gummi Bear billionaire and owner of the family-owned Haribo candy company. His estimated fortune has grown by $600 million in the past year due to increased sales. He is credited with inventing over 200 sweets, including Gummi Bears, Vademecum sugar-free gum and Maoam fruit chewies. He and his brother Paul rebuilt the company after World War II and ran it together until Paul's death in 2009. Hans owns 50% of the company and is in charge of marketing, while the remaining 50% is owned by Paul's heirs. Paul's son Hans Guido Riegel heads production and technical questions, and two other sons of Paul sit on the supervisory board. The company does not disclose its revenues, which were estimated at $2.9 billion (2.2 billion Euros) in 2011.
Hans Riegel is a member of Food and Beverage

Age, Biography and Wiki

Birth Day March 10, 1923
Birth Place Germany
Age 97 YEARS OLD
Died On October 15, 2013(2013-10-15) (aged 90)
Birth Sign Aries
Occupation Entrepreneur
Years active 1946-2013
Known for Owned and operated the confectioner Haribo

💰 Net worth: $2.9 Billion (2024)

Hans Riegel was a renowned figure in the food and beverage industry in Germany. In 2024, his net worth was estimated to be an impressive $2.9 billion. With his entrepreneurial skills and innovative ideas, Hans Riegel established himself as a prominent player in the industry. His contribution to the confectionery world, particularly as the former owner and CEO of Haribo, a popular sweets and gummy bears manufacturer, played a significant role in his financial success. Hans Riegel's legacy continues to inspire and leaves a lasting impact on the German food and beverage market.

2010 $1.6 Billion
2011 $2 Billion
2012 $2.3 Billion
2013 $2.9 Billion
2018 $2.9 Billion

Biography/Timeline

1922

Born in Bonn, he was the oldest son of the company's founder Hans Riegel, Sr., who invented the gummy bear in 1922. In fact, the name of the company, Haribo, comes from the first two letters of his name and where he was from (HANS RIEGEL BONN). After his graduation from the Jesuit boarding school Aloisiuskolleg, he did his doctorate in 1951 at Bonn University with his thesis "The development of the world sugar industry during and after the Second World War".

1953

In 1953, he was elected first President of the German badminton association (Deutscher Badminton-Verband) after he had won the German championship in the men's doubles. In 1954 and 1955 he won the mixed doubles title. In the same year, he organized the construction of the first indoor badminton court in Germany, called the Haribo-Centre, in Bonn.

Some Hans Riegel images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.