Karl Scheufele, III. Net Worth

Karl Scheufele III is the owner of Swiss jewelry and watchmaker Chopard, which he helped transform into one of the most well-known luxury accessory lines in the world. Trained as a goldsmith and watchmaker, he bought a small Geneva-based watchmaker from Paul-André Chopard and merged the two businesses in 1963. Today, Karl and his wife Karin remain active in the firm, while their children, Caroline and Karl-Friedrich, are co-presidents. Chopard's jewelry is a regular on the red carpet, with 11 Academy Award nominees having won while wearing Chopard, most recently Julianne Moore.
Karl Scheufele, III. is a member of Fashion & Retail

Age, Biography and Wiki

Birth Place Geneva, Switzerland, Switzerland

💰 Net worth: $2.2 Billion (2024)

Karl Scheufele, III. is a prominent figure in the fashion and retail industry in Switzerland. With an estimated net worth of $2.2 billion in 2024, he has proven himself as a successful businessman and entrepreneur. As a member of the Scheufele family, which owns the luxury watch and jewelry brand Chopard, Karl has played a significant role in the company's success and expansion. Known for his expertise in the fashion and retail sector, Karl Scheufele, III. continues to shape the industry landscape in Switzerland and beyond.

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

Some Karl Scheufele, III. images



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.


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.


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.


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.