Wolfgang Reimann
Richest Billionaires

Wolfgang Reimann Net Worth

He is the co-owner of JAB Holding Company, a private investment firm that has a portfolio of more than 20 companies. Wolfgang Reimann is a German entrepreneur with a net worth of $5.2 billion. He is part of one of the wealthiest families in Germany and his fortune is linked to well-known brands such as Calvin Klein fragrances, Durex condoms, Jimmy Choo shoes and Peet's coffee. He is the co-owner of JAB Holding Company, a private investment firm that has a portfolio of over 20 companies.
Wolfgang Reimann is a member of Richest Billionaires

Age, Biography and Wiki

Birth Year 1953
Birth Place Germany
Age 70 YEARS OLD
Net Worth: $5.2 Billion

💰 Net worth: $5.4 Billion (2024)

Wolfgang Reimann Net Worth: Wolfgang Reimann is a German entrepreneur who has a net worth of $5.2 billion.Belonging to one of the wealthiest families in Germany, Wolfgang Reimann's fortune is closely related to such brands as Calvin Klein fragrances, Durex condoms, Jimmy Choo shoes and Peet's coffee, among others. Actually, he came into riches in a quite interesting way. A descendant of chemist Ludwig Reimann, who joined Johann Adam Benckiser in the chemical business in1928, Wolfgang Reimann strengthened the connection with Benckiser by becoming his son-in-law. Shortly after marrying one of his daughters, he entered the business and wounded up owning it. Initially, it was Albert Reimann Jr. that took the reins after Benckiser died in 1952. But upon Albert's death in 1984, Wolfgang and eight other heirs each inherited 11.1% of Investmentholding Joh. A. Benckiser s.à.r.l (JAB), based in Ludwigshafen, Germany.

Since five of the heirs divested their shares, Wolfgang and three of his siblings were left now sharing a 95% interest in the company. Ever since, JAB has been constantly investing in luxury goods as well as coffee and tea. One of its most notable acquisitions is perfume maker Coty Inc., which JAB acquired in 1992 and still owns 70% in the company after its IPO in June 2013. Even though JAB is the source of their fortune, neither Wolfgang Reimann nor any of his siblings are active in the day-to-day management of JAB or the operations of its portfolio companies.

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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.