Heinrich Deichmann Net Worth

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Heinrich Deichmann is the current leader of the family-run shoe retailer, Deichmann-Schuhe SE, which was founded by his grandfather in 1913. His father, Heinz-Horst, managed to keep the business open during the war years and after the war, the company hired 12 employees and made 50,000 pairs of shoes from poplar wood and parachute harnesses. Heinrich took over in 1999 and the company now has annual revenue of over $5 billion and operates more than 3,700 stores in 24 countries. In addition to running the business, Heinrich has continued his father's philanthropic program, "Wort und Tat", which provides medical treatments to over 200,000 people in various countries.
Heinrich Deichmann is a member of Fashion & Retail

Age, Biography and Wiki

Birth Place

Essen, Germany, Germany

💰 Net worth: $7.7 Billion (2024)

Heinrich Deichmann, recognized as a prominent figure in the fashion and retail industry in Germany, is estimated to have a net worth of $7.7 billion in 2024. As a part of the renowned Deichmann shoe dynasty, he has successfully expanded the family business and propelled it to great heights. Deichmann has played a vital role in the company's growth, creating a wide network of retail stores and implementing innovative strategies to stay competitive in the ever-evolving fashion industry. With his vast wealth and extensive knowledge, Heinrich Deichmann continues to shape the landscape of fashion and retail in Germany.

2015 $4.6 Billion

2016 $5.6 Billion

2017 $7.7 Billion

2018 $11 Billion

Biography/Timeline

1982

After finishing high school in 1982, Heinrich Otto studied Business administration, historical sciences, philosophy and theology at the University of Cologne from 1984. As of 1989 to 1999 he started as a Managing Director in the family company and became Chairman of the Board when he took over in 1999 from his Father, who died in October 2014. The company is now Europe's leading shoe retailer. It operates some 3,600 stores in 24 countries, including the Rack Room Shoes and Off Broadway chains in the U.S..

Some Heinrich Deichmann images

Tags 1962 births Living people German businesspeople in retailing German businesspeople People from Essen German billionaires

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.