Axel Oberwelland

About Axel Oberwelland

Birth Place: Berlin, Germany, Germany

Axel Oberwelland Net Worth

Axel Oberwelland was born in Berlin, Germany, Germany. Axel Oberwelland is proprietor of the German candy company August Storck KG, whose brands include Werther's Original, Riesen and Toffifee. When August Storck (also known as August Oberwelland) founded the business in the Westphalia town of Werther in 1903, sweets were typically sold unpackaged and without branding. He found success packaging them individually and marketing them under snappy names. Today, Storck employs over 5,000 people and its products are sold in more than 100 countries. Established in Chicago in 1975, Storck USA introduced Werther's Original in 1981; within a few years it had become one of the top-selling hard candies in the U.S. -- and still is. Werther's Original brand has expanded to include Caramel Coffee, Creamy Caramel Filled, Caramel Apple Filled and Chewy Caramels, as well as sugar-free variations, which are more successful in the U.S. than in Europe. When Klaus Oberwelland retired on the occasion of Storck's 100th anniversary, in June 2003, son Axel became the fourth generation of his family to lead the highly secretive company (estimated revenue: $2.2 billion, of which more than half come from outside Germany). He has expanded into Eastern Europe while also increasing sales in more established markets in Western Europe. In 1992, Klaus Oberwelland established the Stork Foundation to preserve endangered stork populations.
Axel Oberwelland is a member of Food and Beverage

💰 Net worth: $3.6 Billion (Updated at 22 June 2018)

2009 $1.7 Billion
2010 $1.7 Billion
2011 $3.4 Billion
2012 $2.5 Billion
2013 $3.6 Billion
2014 $3.7 Billion
2015 $3.3 Billion
2016 $3.7 Billion
2017 $4.4 Billion
2018 $4.08 Billion

Biography/Timeline

1966

Axel Oberwelland was born on 1 August 1966 in Bielefeld.

2015

In May 2015, his net worth was estimated at $3.4 billion.