Karl Scheufele, III.

About Karl Scheufele, III.

Birth Place: Geneva, Switzerland, Switzerland

Karl Scheufele, III. Net Worth

Karl Scheufele, III. was born in Geneva, Switzerland, Switzerland. Karl Scheufele III and his family, owners of Swiss jewelry and watchmaker Chopard, have helped transform the brand into one of the most well-known luxury accessory lines in the world. Trained as a goldsmith and watchmaker, by age 20, German-born Scheufele was already running Karl Scheufele GMBH. In 1963 Scheufele bought a small Geneva-based watchmaker from Paul-André Chopard and merged the 2 businesses. Today Scheufele and his wife, Karin, remain active in the firm while their children are co-presidents: Caroline Scheufele is responsible for the women's collections and special jewelry, brother Karl-Friedrich Scheufele for the men's collections and factory operations. With more than 100 boutiques worldwide, Chopard's jewelry is a regular on the red carpet -- 11 Academy Award nominees have won while wearing Chopard, most recently Julianne Moore.
Karl Scheufele, III. is a member of Fashion & Retail

💰 Net worth: $2.3 Billion (Updated at 22 June 2018)

2015 $1.7 Billion
2016 $1.7 Billion
2017 $2 Billion
2018 $2.22 Billion

Some Karl Scheufele, III. images

Biography/Timeline

1958

He was born in 1958 in Germany and grew up in the city of Pforzheim, where he lived until the age of 15. In 1963 his family took over the Geneva-based watch manufacture Chopard. At the age of 15, Karl-Friedrich left Germany to become a boarder at Geneva’s International School. He served an apprenticeship with a Geneva jeweller, before studying at the Ecole des Hautes Etudes Commerciales in Lausanne. Back in Geneva after a period spent travelling, he joined the family company, spending successive periods in all departments.

1996

In 1996, his vision became reality when he founded the Chopard Manufacture in Fleurier and thus renewed the company’s ties with its tradition as a manufacture of mechanical movements.

2012

Karl Friedrich Scheufele, together with his wife Christine, acquired the Chateau Monestier La Tour in January 2012, a major wine estate in the region of Bergerac, through the « Galerie des Arts du Vin France » headquartered in Geneva. The wine estate comprises over 100 hectares including 30 hectares of vineyards of the Bergerac AOC appellation.

2019

His passion for classic and vintage cars for instance led to the company’s sponsorship of the famous Mille Miglia car rally, in which he has taken part since 1988, and the prestigious Grand Prix de Monaco Historique. Karl-Friedrich is known for his collector’s instinct and his preference for high quality objects. Over the years, he has patiently built up his personal collection of mechanical clocks and watches including pieces of both historical and technical interest which retrace the evolution of the House of Chopard.