The German retail and coffee shop chain Tchibo is co-owned by billionaire businessman Wolfgang Herz. Herz co-possesses Maxingvest, a Hamburg-based investment organisation he controls with sibling, Michael. They own a stake in the publicly traded Nivea skin care company Beiersdorf and the majority of the coffee chain Tchibo. Two of their kin were purchased out of the family holding organisation in 2003 for nearly $5 billion.

Wolfgang Herz Family

In 1949, Max Herz and Carl Tchilling-Hiryan established Tchibo, a Hamburg-based coffee shop chain. In 1965, Herz died at the age of 60 without a will in place. Guenter, his oldest son, took over as CEO against the wishes of his three younger brothers. With the assistance of his mother and siblings, he transformed Tchibo into a coffee-focused retail chain.

Wolfgang Herz Career

In 1974, the Herz family bought a stake in private consideration organisation Beiersdorf, the producer of Nivea skin creams items, and incorporated it into a larger part stake. In 1980, they acquired the majority stake in the tightly held Hamburg-based cigarette manufacturer Reemtsma and sold it to Imperial Tobacco in 2002 for $6.7 billion, netting a profit of more than $4.5 billion.

After decades of family disputes, Guenter had resigned as CEO the year before, and Michael, Wolfgang, and Joachim had purchased the stakes Daniela and Guenter held for approximately $4.7 billion. In 2007, the business, which was formerly known as Tchibo Holding, was renamed Maxingvest in honour of its parents, Max and Inge. Joachim was swimming when he was struck by a motorboat and killed in 2008. He gave his 17.5% stake in Maxingvest to a foundation that his family has named after him.

Wolfgang Herz Facts

Tchibo began retailing electronics and clothing as part of its expansion into other consumer goods and services. Maxingvest AG, a family holding company, owns 100% of Tchibo and approximately 47% of Beiersdorf’s voting shares, which include brands like Nivea and Eucerin.

Wolfgang Herz Net Worth

Wolfgang Herz & family’s net worth was estimated to be approximately $6.6 billion USD in 2023, according to Forbes’ Real-Time Billionaires List.

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Michael Herz is a German financial specialist and co-proprietor of the German cafe and corporate store Tchibo. Herz is the executive of Maxingvest, a Hamburg-based speculation organisation he controls with his sibling Wolfgang. They own the greater part of the firmly held espresso chain Tchibo, and a stake in public Beiersdorf, a producer of Nivea healthy skin items. Their kin was purchased out of the family-holding organisation for nearly $5 billion in 2003.

Michael Herz Career

In 1965, after the passing of his dad Max Herz, who helped to establish Tchibo in 1949 with Carl Tchilinghiryan, Herz joined Tchibo as head of deals. Family members own Tchibo entirely. In 2003, alongside his mom and sibling Wolfgang, he purchased out his other sibling, Günter Herz, and sister, Daniela Herz-Schnoekel.

Michael Herz prevented the dissolution of Beiersdorf AG by purchasing and reorganising the book wholesaler Libri and the florist Blume 2000. His investment in Escada failed, and he ended up in bankruptcy. Most of Herz’s fortune is gotten from a 35% stake in the firmly held venture organisation Maxingvest. According to company filings, he shares the asset with his brother Wolfgang, who also owns 35% of it.

The family sold their stake in firmly held cigarette maker Reemtsma to Supreme Tobacco for $6.7 billion in 2002, and bought a greater part stake in public-private consideration merchant Beiersdorf, the producer of Nivea skin cream items, for more than $5 billion out of 2003. He claims around 18% of the Hamburg-put-together business’ portions based with respect to Maxingvest’s 51% stake, as indicated by the 2021 yearly report.

Michael Herz Facts

In 2003, Maxingvest’s predecessor, Tchibo Holding, purchased Guenter and Daniela Herz for $4.5 billion. Herz’s sibling Joachim’s 17.5% stake was given to an establishment after his passing in 2008.

They also have control over Tchibo, a coffee company based in Hamburg that had sales of about 3.9 billion euros in 2021. It is valued using three publicly traded peers’ average enterprise value-to-Ebit and enterprise value-to-sales multiples: AmRest Possessions SE, Strauss Gathering Ltd and Starbucks Corp.

Michael Herz Net Worth

Michael Herz & family’s net worth was estimated to be approximately $6.6 billion USD in 2023, according to Forbes’ Real-Time Billionaires List.

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Ma Jianrong is the director and the biggest investor of Shenzhou International Group, a knitwear and material producer that provisions driving clothiers including Uniqlo and Adidas. The manufacturer with its headquarters in Ningbo, China, is publicly traded, has over 90,000 employees, and its 2022 revenue was 4.1 billion yuan ($27.8 billion).

Ma Jianrong Family

In 1965, Ma Jianrong was born on the eastern coast of China. Ma Baoxing, his father, was the chairman of Shenzhou at the time. Ma Junior took over as chairman when he was 33 years old and made the company the largest vertically integrated knitwear manufacturer in China.

Ma Jianrong Career

Before joining Shenzhou International’s predecessor, Ningbo Shenzhou Knitting, in 1989, he worked in textile factories as a factory worker. It is an important supplier for Uniqlo, Adidas, Nike, and Puma. Shenzhou is headquartered in Ningbo, where Ma and his family reside. According to a filing made on July 13, 2022, he owns 36% of the company through holding companies called Keep Glory and Splendid Steed Investment.

His stake consists of shares held by his father and given to the billionaire in recognition of his control over the business and position as chairman. The worth of his money speculations depends on an examination of these returns, as well as expenses and market execution. Shenzhou International Group spokesperson Kiki Zhang declined to discuss the Ma family’s wealth.

Ma Jianrong Facts

After serving as key manager for a decade, Ma, along with his father and brother-in-law, made the decision in 2000 to acquire the business. After five years, Shenzhou turned out to be public in Hong Kong. Lingerie, casual wear, and sportswear are all made by Shenzhou.

Ma Jianrong Net Worth

Ma Jianrong’s net worth was estimated to be approximately $6.9 billion USD in 2023.

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Danish dressage rider Agnete Kirk Thinggaard competed in the Olympics. Nearly 20% of Lego, the biggest toy producer in Europe, is owned by Thinggaard. The company in Billund, Denmark, generated more than 64.6 billion Danish kroner in 2022. She holds her interest through the family investment entity Kirkbi, which also holds a stake in the operator of theme parks, Merlin Entertainment Group.

Agnete Kirk Thinggaard Career

Agnete Kirk Thinggaard was born on 18 May 1983, the granddaughter of Ole Kirk Kristiansen, who established toymaker Lego in 1932. The company with its headquarters in Billund, Denmark, is the most valuable toy manufacturer in the world. It reported revenue of $5.3 billion in 2017 and produces more than 60 billion bricks annually. From 1979, Father Kjeld ran the business for 25 years and made it a global brand. In the 1990s, he expanded into Legoland theme parks and added operations in the UK, Germany, and the US.

In the mid-2000s, frustrating deals and rivalry from Hasbro and Uber Bloks saw Lego post its third yearly misfortune in five years. Before stepping down in 2004, Kristiansen began implementing a turnaround strategy, cutting 1,000 jobs and reducing product lines.

In 2005, the company sold Blackstone, a private equity firm, its 70% economic stake in its theme park business. Kirkbi took an underlying 15% stake in the recently framed Merlin Stimulations Gathering, which was expanded to 36% in 2010. In November 2013, the company went public on the London Stock Exchange. Kirkbi holds a 30% stake.

Agnete Kirk Thinggaard Controversy

According to a press release issued in June 2019 announcing Kirkbi’s involvement in the privatisation of Merlin, the company also owns half of Merlin Entertainments Group. Nilfisk Holding and ISS are two of Kirkbi’s other holdings. According to Kirkbi’s annual reports, Thinggaard receives licensing fees from Lego and dividends from the company.

The worth of her money property and firmly held speculations depend on an examination of profits, insider exchanges, charges and magnanimous commitments. Her liabilities incorporate her portion of Kirkby’s obligation to Lego, as definite in the 2022 yearly report.

Agnete Kirk Thinggaard Net Worth

Agnete Kirk Thinggaard’s net worth was estimated to be around $6.7 billion USD, as of 2023, making him a billionaire businessman.

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The Lego Group is owned by Danish fourth-generation owner Sofie Kirk Kristiansen. They split a 75% stake in the company with her father, Kjeld, sister Agnete, and brother Thomas. Nearly 20% of Lego, Europe’s largest toymaker, is under Kristiansen’s control. In 2022, the business in Billund, Denmark, made more than 64.6 billion Danish kroner. She holds her stake by means of the family investment vehicle Kirkbi, which also owns a portion of the theme park operator Merlin Entertainments Group.

Sofie Kirk Kristiansen Career

Ole Kirk Kristiansen, who founded the toy manufacturer Lego in 1932, is the granddaughter of Sofie Kirk Kiaer Kristiansen. The company with its headquarters in Billund, Denmark, is the most valuable toy manufacturer in the world. It reported revenue of $5.3 billion in 2017 and produces more than 60 billion bricks annually. From 1979, Father Kjeld ran the business for 25 years and made it a global brand. In the 1990s, he expanded into Legoland theme parks and added operations in the UK, Germany, and the US.

In the mid-2000s, frustrating deals and rivalry from Hasbro and Uber Bloks saw Lego post its third yearly misfortune in five years. Before stepping down in 2004, Kristiansen began implementing a turnaround strategy, cutting 1,000 jobs and reducing product lines.

In 2005, the company sold Blackstone, a private equity firm, its 70% economic stake in its theme park business. Kirkbi took an underlying 15% stake in the recently framed Merlin Stimulations Gathering, which was expanded to 36% in 2010. In November 2013, the company went public on the London Stock Exchange. Kirkbi holds a 30% stake.

Sofie Kirk Kristiansen Facts

Kjeld Kristiansen served as Lego’s first representative director up until April 2016, when he announced that Thomas, Sofie’s brother, would take over in order to provide a “smooth generational handover.” Also, Thomas succeeded his father as chairman of The Lego Foundation, which controls 25% of the toymaker.

According to Kirkbi’s annual reports, Kristiansen receives licensing fees from Lego and dividends from the company. The worth of her money property and firmly held speculations depend on an examination of profits, insider exchanges, charges and magnanimous commitments.

Sofie Kirk Kristiansen Net Worth

Sofie Kirk Kristiansen’s net worth was estimated to be around $6.70 billion USD, as of 2023, making her a billionaire businesswoman.

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Kristiansen is the director of Lego, Europe’s biggest toymaker. In 2022, the company with its headquarters in Billund, Denmark, reported a revenue of over 64.6 billion Danish Krone. He holds his stake through Kirkbi, the family investment vehicle that also owns a portion of Merlin Entertainments Group, a theme park operator.

Thomas Kirk Kristiansen Career

Ole Kirk Kristiansen, who established the toy manufacturer Lego in 1932, was the great-grandson of Thomas Kirk Kristiansen, who was born in 1979. Over 60 billion of the company’s bricks are produced annually in Billund, Denmark. Beginning in 1979, Father Kjeld led the business for 25 years and developed it into a global brand, expanding into Legoland theme parks in the 1990s and adding operations in the UK, Germany, and the United States.

In the mid-2000s, frustrating deals and rivalry from Hasbro and Uber Bloks saw Lego post its third yearly misfortune in five years. Before stepping down in 2004, Kristiansen began implementing a turnaround strategy, cutting 1,000 jobs and reducing product lines.

In 2005, the company sold Blackstone, a private equity firm, its 70% economic stake in its theme park business. Kirkbi took an underlying 15% stake in the recently framed Merlin Diversions Gathering, which was expanded to 36% in 2010. In November 2013, the company went public on the London Stock Exchange. A 30% stake remains with Kirkbi. As the first step toward a “smooth generational handover,” Kjeld Kristiansen announced in April 2016 that Thomas would take over as Lego’s first deputy chairman.

Thomas Kirk Kristiansen Facts

According to a press release issued in June 2019 announcing Kirkbi’s involvement in the privatisation of Merlin, Kirkbi also owns half of the Merlin Entertainments Group. Nilfisk Holding and ISS are two of Kirkbi’s publicly traded holdings. Kristiansen receives licensing fees from Lego and dividends from the company. The worth of his money possessions and firmly held speculations depends on an investigation of profits, insider exchanges, charges and altruistic commitments.

Thomas Kirk Kristiansen Net Worth

Thomas Kirk Kristiansen’s net worth was estimated to be around $6.7 billion USD, as of 2023, making him a billionaire businessman.

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Kristiansen served as Kirkbi’s previous chairman. Kirkbi is a family-holding business that controls 75% of Lego, the biggest toymaker in Europe. Kjeld Kirk Kristiansen served as The Lego Group’s president and chief executive officer from 1979 to 2004. With a net worth of $6.75 billion as of April 2021, Kristiansen ranks third among Danes according to the Bloomberg Billionaires Index. He is Ole Kirk Christiansen, the creator of Lego’s grandson.

Kjeld Kirk Kristiansen Family

Kristiansen was born on 27 December 1947, Billund, Denmark. Kjeld’s grandfather created brand-new Lego models and concepts when he was a child, which were featured on the packaging of the company.

Kjeld Kirk Kristiansen Education

He studied at Aarhus College’s Institute of Business on the east shore of Denmark and finished his MBA at the IMD business college in Switzerland in 1972.

Kjeld Kirk Kristiansen Career

He took over as CEO and president of The Lego Group in 1979. Themes, mini-figures, LEGO.com, Lego Mindstorms, and licensed properties were introduced by Kristiansen. While continuing to serve as chairman of the boards of KIRKBI A/S, Lego Holding A/S, and the Lego Foundation, he resigned as president and CEO in 2004 to concentrate on his duties as vice-chairman of the board and owner of the Lego Group.

He joined Lego’s administration board in 1974, and before long fostered the principal Lego dolls that were the ancestor of the notable smaller-than-expected figures previously delivered in 1979. He took over as the company’s president and CEO in the same year. Kristiansen administered the extension of Legoland amusement parks during the 1990s, adding activities in the UK, Germany and the US.

Kristiansen initiated the practice of licensing movie studios’ branding rights, which resulted in the 1999 release of building sets inspired by Star Wars. Additionally, the business ventured into clothing, video games, and films. In 1996, he became chairman of Kirkbi, an investment firm that owns a 75% stake in Lego that belonged to his family.

Kjeld Kirk Kristiansen Facts

Kristiansen served as Kirkbi’s previous chairman. Kirkbi is a family-holding business that controls 75% of Lego, the biggest toymaker in Europe. Kjeld Kirk Kristiansen served as The Lego Group’s president and chief executive officer from 1979 to 2004. With a net worth of $6.75 billion as of April 2021, Kristiansen ranks third among Danes according to the Bloomberg Billionaires Index. He is Ole Kirk Christiansen, the creator of Lego,’s grandson.

Kjeld Kirk Kristiansen Net Worth

Kristiansen’s net worth was estimated to be around $6.8 billion USD, as of 2023, making him a billionaire businessman.

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James Robert Davis is an American sketch artist, screenwriter, and maker. He is most popular as the maker of the funny cartoons Garfield and U.S. Sections of Land. Distributed beginning around 1978, Garfield is one of the world’s most generally partnered funny cartoons. Davis’ different comics work incorporates Tumbleweeds, Gnorm Gnat, and Mr. Potato Head.

Jim Davis Family

James Robert Davis was brought into the world in Marion, Indiana, on July 28, 1945. Davis was raised by his mother Anna Catherine “Betty” Davis and his father James William “Jim” Davis on a small Black Angus cow farm in Fairmount, Indiana.

Jim Davis Career

Davis joined the staff of the Fairmount High School newspaper The Breeze in 1959 and eventually rose to the position of Art Editor. Davis’s first comic, apparently inspired by school life, was published here. Davis additionally drew most of the outlines for his 1963 senior yearbook, reusing similar characters.

Before making Garfield, Davis worked for a promotion office, and in 1969, he started helping Tom Ryan’s funny cartoon, Tumbleweeds. Then he created a funny cartoon named Gnorm Gnat, which appeared in The Pendleton Times, a newspaper in Pendleton, Indiana, for a long period of time (1973–1975). From 1976 to mid-1978, Davis then distributed a strip named Jon in The Pendleton Times which would later become Garfield, beginning partnership in 41 papers on June 19, 1978. Starting around 2008, it was partnered in 2,580 papers and was pursued by roughly 300 million users consistently.

Davis composed and co-composed all of the Garfield television specials for CBS, initially broadcast somewhere in the range of 1982 and 1991. He also delivered Garfield and Companions, a series which also circulated on CBS from 1988 to 1994. Davis wrote and served as executive producer of the CGI animated television series The Garfield Show and Garfield Originals, as well as a series of CGI direct-to-video feature films about Garfield.

Jim Davis Facts

Davis sold Paws, Inc. to the media conglomerate Viacom in 2019, which merged with CBS Corporation a few months later to form ViacomCBS.

Jim Davis Net Worth

Jim Davis’s net worth was estimated to be around $5.1 billion USD, as of 2023, making him a billionaire businessman.

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The company that makes Tito’s Handmade Vodka, Fifth Generation Inc., was founded by Beveridge, in 1997 as a master distiller. In 2022, the Austin, Texas-based corporation sold more than 11 million cases of vodka, generating an estimated $2.4 billion in revenue. “Tito” Beveridge started legally distilling in 1995.

Tito Beveridge Career

Bert Butler “Tito” Beveridge was born on August 9, 1961, in San Antonio, Texas. He majored in geology and geophysics at the University of Texas at Austin. Tito worked in the oil industry after graduation, including stints in Colombia and Venezuela. He initially established a drilling business in Houston, relocated to Austin, and eventually entered the mortgage industry.

After watching a late-night motivational speaker tell people to find their life’s work by combining their interests and skills, he decided to start a vodka company. Unfit to find financial backers for the business, he utilised individual reserve funds and Visa obligation to develop his unique set in a one-room shack in an unfashionable piece of Austin.

Beveridge originally created his spirits as a side interest in the wake of making mixtures of economical vodka as gifts utilising a pot still. Business creation started in 1997 when Beveridge shaped Fifth Era, Inc. furthermore, laid out the Mockingbird Refinery, creating 1,000 cases that year. Over 160,000 cases were sold by the brand in 2007.

The heavily expanded southeast Austin distillery continues to produce. After the company won a double gold medal for best vodka at the San Francisco World Spirits Competition, its growth picked up. According to IBISWorld, Tito’s High-Quality Vodka will hold a 25% share of the US vodka industry in 2018.

Tito Beveridge Facts

The nonprofit gallery Big Medium facilitates the annual Tito’s Prize, which is funded by Tito’s Vodka and provides one Austin-based artist with a $15,000 prize each year. The honour also incorporates an independent show at the Enormous Medium Exhibition at Overhang. It is the largest award given to artists from Austin.

Tito Beveridge Net Worth

Tito Beveridge’s net worth was estimated to be around $5.2 billion USD, as of 2023, making him a billionaire businessman.

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Piero Lardi Ferrari is a sports personality and billionaire businessman from Italy. He is Enzo Ferrari’s only living son and the vice chairman of the Ferrari automobile company, which he owns 10.23%. He possesses 13.2% of the Ferretti Gathering. His estimated net worth was $4.6 billion in August 2022.

Piero Ferrari Career

Piero Lardi Ferrari born on 22 May 1945. Enzo Ferrari and Lina Lardi, his mistress, have a son named Piero Ferrari. Also, he is Dino Ferrari’s younger brother, with whom he shares a father. Dino passed away on June 30, 1956, at the age of 24, after being given a diagnosis of Duchenne muscular dystrophy. Despite being 11 years old when Dino passed away, Piero never had the chance to see his older brother in person.

Enzo included Piero as one of his primary successors following Dino’s passing and gave him a 10% ownership interest in the Ferrari business. When Lina Lardi was employed by the Modena coachbuilder Carrozzerie Orlandi in the late 1930s, Enzo had first met her. Soon after, the two started dating. Their son Piero was born on May 22, 1945, and Enzo and Lina remained together until Ferrari’s passing in 1988.

Ferrari was raised in Modena. He spent a lot of time in a bike repair shop adjacent to his mother’s house, which sparked his interest in mechanics. He graduated from high school in 1964 after enrolling in the mechanics programme at the Istituto Tecnico Industriale Fermo Corni in Modena.

Piero Ferrari Facts

Ferrari serves as the chairman of HPE COXA, a business he established in 1998 to offer top-notch engineering services in the mechanical industry. COXA, a manufacturing company created in 1985 that specialised in the high precision production of small volumes and prototypes, was bought by HPE in 2009.

Piero Ferrari Net Worth

Piero Ferrari’s net worth was estimated to be around $6.4 billion USD, as of 2023, making him a billionaire businessman.

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