Stefan Reimann-Andersen Net Worth

Age, Biography and Wiki

💰 Net worth: $5.4 Billion (2024)

Stefan Reimann-Andersen, widely recognized as one of the wealthiest individuals in Germany, is expected to have a net worth of $5.4 billion by 2024. With an extensive background in business, Reimann-Andersen has cemented his reputation as a successful entrepreneur and investor. As a member of the Reimann family, he is an inheritor of the substantial wealth amassed through the family business, JAB Holding Company. Known for its prominent investments in various industries, including consumer goods and luxury brands, JAB Holding has propelled Reimann-Andersen's wealth to new heights. With a keen eye for lucrative opportunities, he has solidified his status as one of the richest billionaires in Germany.

Stefan Reimann-Andersen Net Worth: Stefan Reimann-Andersen is a German businessman who has a net worth of $5.1 billion. A member of one of the wealthiest families in Germany – the Reimanns, Stefan Reimann-Andersen's wealth is in a close relation to such brands as Calvin Klein fragrances, Jimmy Choo shoes and Durex condoms, among others. Actually, he came into riches thanks to being a descendant of chemist Ludwig Reimann, who joined Johann Adam Benckiser in his chemical business in 1928. Some twenty years later, it was Albert Reimann Jr. to take the helm of the company.

While upon Albert's death in 1984, Stefan and eight other heirs each inherited 11.1% of Investmentholding Joh. A. Benckiser s.à.r.l (JAB). But after five of the heirs decided to divest their stakes, Stefan and three of his siblings came to share a 95% stake in the Luxemburg-based investment holding company. The company, which went public in 2013, has never ceased to grow constantly acquiring stakes in luxury goods, as well as coffee and tea. However, Stefan Reimann-Andersen is not active in the daily operation of the company or of its portfolio companies. Instead, he and the his other siblings stand only as shareholders.