Alfred Oetker Net Worth

Alfred Oetker is a German entrepreneur and member of the Oetker family, which is responsible for the production of the world-renowned Dr. Oetker brand of pudding and baking powder. With a net worth of $2.5 billion, Alfred Oetker is one of the wealthiest people in Germany.
Alfred Oetker is a member of Richest Billionaires

Age, Biography and Wiki

Birth Year 1967
Birth Place Germany
Age 56 YEARS OLD
Net Worth: $2.5 Billion

💰 Net worth: $3.9 Billion (2024)

Alfred Oetker, a prominent figure in the business world, is considered one of the richest billionaires in Germany. With his impeccable entrepreneurial skills, he has accumulated a staggering net worth of $3.9 billion by the year 2024. Oetker's wealth can be attributed to his successful ventures in various industries, including food, beverages, and luxury hotels. As a member of the influential Oetker family, known for its diverse business empire, Alfred Oetker has managed to not only maintain but also expand his financial portfolio, cementing his position as one of the wealthiest individuals in Germany.

Alfred Oetker Net Worth: Alfred Oetker is a German entrepreneur who has a net worth of $2.5 billion. Alfred Oetker belongs to the family that built Dr. Oetker, one of the world's most popular brands when it comes to production of pudding and baking powder. The company, which is now broadly diversified, holds manifold subsidiaries that employ some 26,000 people and generate annual revenue of around $15 billion. The basis of this successful business was set back in 1891, when its founder August Oetker, a pharmacist by trade, started selling non-perishable baking powder. After the World War II, Dr. Oetker fell in the hands of August's grandson, Rudolf August Oetker, who established himself as the driving force behind one of the leading brands Germany has ever produced. From recordings of the family history "Die Oetkers", it is learned that the company produced 750 million packages of baking and pudding powder in 1950.

Ever since, Dr. Oetker has expanded by adding other food products and even beverages, as well as spread in such areas as container shipping, financial services and luxury hotels. When Alfred Oetker, the Chairman of the Dr. Oetker's advisory board, died in 2007, he left behind eight children from three marriages. As one of the eight billionaire beneficiaries, he did receive his fair portion of the family fortune, which was equally divided. But getting 12.5% percent of Dr. Oetker didn't make the heirs happy. Split in two groups, the rivalry continues between the children from Rudolf 's first two marriages – Rosely Schweizer, August, Christian and Richard Oetker and Bergit Gräfin Douglas – and the children from his third marriage: Alfred, Carl Ferdinand and Julia Oetker. The clash between Oetker's heirs is expected to boom in 2017, when current leader when Richard Oetker intends to retire. Alfred, who speaks six languages, has two sons with his wife Princess Elvira Grimaldi.