$4 Billion         |         Rank #728

Who is Michael Herz

Their father, Max, along with Carl Tchiling-Hiryan, founded Tchibo, which imports and sells coffee, in 1949. Max passed away in 1965.
Tchibo expanded into retailing a range of other consumer goods and services including clothing and electronics.
Family holding company maxingvest ag controls 100% of Tchibo and around 47% of the voting shares of Beiersdorf, whose brands include Nivea and Eucerin.
Older brother Guenter and sister Daniela Herz-Schnoeckel were bought out in 2003. Michael Herz 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 Michael Herz to make it into the worldwide list of billionaires and is among the wealthiest persons on earth. He is currently 78.0 years old. Together with his brother Wolfgang, Michael Herz derives his fortune from two of Germany’s most recognized companies: Tchibo and Beiersdorf. As of today, Michael Herz’s net worth is roughly 4 Billion.

Facts about Michael Herz

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

Early Life of Michael Herz

Michael Herz was born on 28-09-43 in Germany. A fourth brother, Joachim, died in a motorboat accident in 2008. Max Herz came up the idea of opening stores where coffee could be both sipped and sold over the counter — a forerunner to Starbucks. Being raised in the same country, Michael Herz spent most of his time in nan in the city of Hamburg.

Michael Herz net worth is estimated at 4 Billion Billion to date.

Professional Journey

You will see him often in social media.  Together with his brother Wolfgang, Michael Herz derives his fortune from two of Germany’s most recognized companies: Tchibo and Beiersdorf. 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. A fourth brother, Joachim, died in a motorboat accident in 2008. In his youth, he was adventurous but unknown, but that was years ago. Their father, Max, along with Carl Tchiling-Hiryan, founded Tchibo, which imports and sells coffee, in 1949. Max passed away in 1965.
Tchibo expanded into retailing a range of other consumer goods and services including clothing and electronics.
Family holding company maxingvest ag controls 100% of Tchibo and around 47% of the voting shares of Beiersdorf, whose brands include Nivea and Eucerin.
Older brother Guenter and sister Daniela Herz-Schnoeckel were bought out in 2003. 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. Together with his brother Wolfgang, Michael Herz derives his fortune from two of Germany’s most recognized companies: Tchibo and Beiersdorf.
It will not be wrong if we say that Michael Herz is one of the granted billionaires who inherited most part of the wealth and stands at 728 in most wealthiest persons in the world.

FAQs

Here are a few most frequently asked questions about Michael Herz:

How much is Michael Herz worth?

Michael Herz’s net worth is estimated to be 4 Billion.

How old is Michael Herz?

Michael Herz was born on 28-09-43, and is currently 78.0 years old.

What is Michael Herz source of income?

Michael Herz acquires most part of his wealth from coffee.
 

Concluding Michael Herz Net Worth

Currently with a net worth of 4 Billion, Michael Herz stands at 728 in the world billionaires list. And draws most of his wealth from coffee. Hope you like this information about Michael Herz. If you like this, then please share it with your friends. This above post is all about the estimated worth of Michael Herz. 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 Michael Herz. Actual worth may vary a little. You can always get information by checking out Leaktown.com.