| Birth Place | Essen, Germany, Germany |
Heinrich Deichmann, recognized as a prominent figure in the fashion and retail industry in Germany, is estimated to have a net worth of $7.7 billion in 2024. As a part of the renowned Deichmann shoe dynasty, he has successfully expanded the family business and propelled it to great heights. Deichmann has played a vital role in the company's growth, creating a wide network of retail stores and implementing innovative strategies to stay competitive in the ever-evolving fashion industry. With his vast wealth and extensive knowledge, Heinrich Deichmann continues to shape the landscape of fashion and retail in Germany.
After finishing high school in 1982, Heinrich Otto studied Business administration, historical sciences, philosophy and theology at the University of Cologne from 1984. As of 1989 to 1999 he started as a Managing Director in the family company and became Chairman of the Board when he took over in 1999 from his Father, who died in October 2014. The company is now Europe's leading shoe retailer. It operates some 3,600 stores in 24 countries, including the Rack Room Shoes and Off Broadway chains in the U.S..
