Age, Biography and Wiki
Birth Place | Germany |
Net worth: $3.3 Billion (2024)
Otto Beisheim, a prominent figure in the fashion and retail industry in Germany, is projected to have a staggering net worth of $3.3 billion in 2024. Over the years, Beisheim's influence in the German market has been unparalleled, and his success can be attributed to his visionary mindset and business acumen. Having made significant contributions to the fashion and retail sectors, Beisheim's wealth showcases his exceptional achievements and solidifies his position as one of Germany's most successful entrepreneurs.
Biography/Timeline
After the war, Beisheim went into Business. The first Metro Market, opened in November 1963 in Essen-Altenessen. On 10 January 2004, Beisheim Center was officially opened on the North West side of Potsdamer Platz in Berlin, built for 463 million euros, and including the Ritz-Carlton and Marriott chains.
In 2009, he sold 5.2% of the shares of Metro AG to various national and international investors; a further 3.1% could be sold. The WHU-Otto Beisheim School of Management, in Koblenz is named after him.