$11 Billion         |         Rank #180

Who is Alexander Otto

His late father, Werner Otto, started the empire by founding a mail-order business in Hamburg in 1949.
With revenues exceeding $15 billion, Otto Group has more than 40 companies in retail (including Crate and Barrel), real estate and financial services.
His stepmother Maren and her daughter Katharina share a 14% stake with him in Paramount Group, which owns and manages office properties in the U.S.
Investing heavily in shopping centers, he became a shareholder of publicly-traded Deutsche EuroShop in 2001. Alexander Otto is from those few lucky persons who were born rich. He has inherited most of the part of his Wealth. Which leads to the fact that it was comparatively easy for Alexander Otto to make it into the worldwide list of billionaires and is among the wealthiest persons on earth. He is currently 54.0 years old. Alexander Otto owns a stake in Otto Group and is majority shareholder and CEO of ECE Group, a commercial real estate firm focused on shopping centers. As of today, Alexander Otto’s net worth is roughly 11 Billion.

Facts about Alexander Otto

To find out what is Alexander Otto Net Worth, how he got there and what is Alexander Otto Salary Per Day, Career, Biography and Childhood details, continue reading below.

Early Life of Alexander Otto

Alexander Otto was born on 07-07-67 in Germany. His brother, Michael Otto, also a billionaire, ran Otto Group for 26 years until 2007. He is now chairman of its supervisory board. Alexander’s half-sister, Katharina Otto-Bernstein, writes and produces art movies in the U.S. Being raised in the same country, Alexander Otto spent most of his time in nan in the city of Hamburg.

Alexander Otto net worth is estimated at 11 Billion Billion to date.

Professional Journey

You will see him often in social media.  Alexander Otto owns a stake in Otto Group and is majority shareholder and CEO of ECE Group, a commercial real estate firm focused on shopping centers. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. His brother, Michael Otto, also a billionaire, ran Otto Group for 26 years until 2007. He is now chairman of its supervisory board. In his youth, he was adventurous but unknown, but that was years ago. His late father, Werner Otto, started the empire by founding a mail-order business in Hamburg in 1949.
With revenues exceeding $15 billion, Otto Group has more than 40 companies in retail (including Crate and Barrel), real estate and financial services.
His stepmother Maren and her daughter Katharina share a 14% stake with him in Paramount Group, which owns and manages office properties in the U.S.
Investing heavily in shopping centers, he became a shareholder of publicly-traded Deutsche EuroShop in 2001. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Alexander Otto owns a stake in Otto Group and is majority shareholder and CEO of ECE Group, a commercial real estate firm focused on shopping centers.
It will not be wrong if we say that Alexander Otto is one of the granted billionaires who inherited most part of the wealth and stands at 180 in most wealthiest persons in the world.

FAQs

Here are a few most frequently asked questions about Alexander Otto:

How much is Alexander Otto worth?

Alexander Otto’s net worth is estimated to be 11 Billion.

How old is Alexander Otto?

Alexander Otto was born on 07-07-67, and is currently 54.0 years old.

What is Alexander Otto source of income?

Alexander Otto acquires most part of his wealth from real estate.
 

Concluding Alexander Otto Net Worth

Currently with a net worth of 11 Billion, Alexander Otto stands at 180 in the world billionaires list. And draws most of his wealth from real estate. Hope you like this information about Alexander Otto. If you like this, then please share it with your friends. This above post is all about the estimated worth of Alexander Otto. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Alexander Otto. Actual worth may vary a little. You can always get information by checking out Leaktown.com.