- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $2.4 Billion
What is Ingeburg Herz's Net Worth?
Ingeburg Herz is a German businesswoman who has a net worth of $2.4 billion, a fortune that she shares with her sons. Mrs. Herz and her two sons, Michael and Wolfgang possess Tchibo GmbH, a producer of Germany's best-known coffee brand. The family inherited the company from Ingeburg's late husband, Max Herz.
But that's not all as they also hold a 50% share of the publicly traded skincare company Beiersdorf AG, globally known for its Nivea brand. According to 2012 reports, Tchibo and Beiersdorf accumulated net profits of $1.08 billion and $13 billion in revenues each. Due to a family feud, Ingeburg Herz now shares her fortune with three of her sons, whereas her two children Gunther and Daniela were ousted from the company in 2003.
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