Torsten Toeller Net Worth

$2 Billion         |         Rank #1397

Who is Torsten Toeller

When he opened his first Fressnapf store in 1990, in Erkelenz, customers were initially unimpressed with his selection and prices.
Toeller doubled down by selling his car to raise cash, invested in more inventory and went for broke with aggressive discounts.
The gamble paid off, and in 1992 Fressnapf Tiernahrungs GmbH began opening franchise stores, paving the way for rapid growth.
Today, with around 14,000 people working in approximately 1,650 stores in 11 countries, it is Europe’s largest pet-focused chain. Coming from an average or middle class family, Torsten Toeller is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1397 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 55.0 years old. As of today, Torsten Toeller’s net worth is approximately 2 Billion.

Facts about Torsten Toeller

Net Worth: 2 Billion
Billionaire Rank: 1397
Age: 55.0
Date of Birth: 06-04-66
Gender: Male
Currently Living in: Krefeld, nan, Germany
Birth Place: Germany
Source of Wealth: pet food

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

Background of Torsten Toeller

Torsten Toeller was born on 06-04-66 in Germany. He is a car fanatic and former sailor. Toeller has invested in an office building project called Mercator One in Duisburg, close to the company’s headquarters in Krefeld. Being raised in the same country, Torsten Toeller spent most of his time in nan in the city of Krefeld.

Torsten Toeller net worth is estimated at 2 Billion Billion to date.

 

Torsten Toeller pet food
Torsten Toeller Net Worth

Professional Journey

You will see him often in social media.  Visiting the U.S. in the late 1980s, Torsten Toeller encountered pet supply superstores and decided the concept deserved a try in his native Germany. 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. He is a car fanatic and former sailor. In his youth, he was adventurous but unknown, but that was years ago. When he opened his first Fressnapf store in 1990, in Erkelenz, customers were initially unimpressed with his selection and prices.
Toeller doubled down by selling his car to raise cash, invested in more inventory and went for broke with aggressive discounts.
The gamble paid off, and in 1992 Fressnapf Tiernahrungs GmbH began opening franchise stores, paving the way for rapid growth.
Today, with around 14,000 people working in approximately 1,650 stores in 11 countries, it is Europe’s largest pet-focused chain. 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. Visiting the U.S. in the late 1980s, Torsten Toeller encountered pet supply superstores and decided the concept deserved a try in his native Germany.
It is to be noted that Torsten Toeller is one of the selfmade billionaires in the world and stands at 1397 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Torsten Toeller:

How much is Torsten Toeller worth?

Torsten Toeller’s net worth is estimated to be 2 Billion.

How old is Torsten Toeller?

Torsten Toeller was born on 06-04-66, and is currently 55.0 years old.

What is Torsten Toeller source of income?

Torsten Toeller acquires most part of his wealth from pet food.
 

Concluding Torsten Toeller Net Worth

Currently with a net worth of 2 Billion, Torsten Toeller stands at 1397 in the world billionaires list. And draws most of his wealth from pet food. Hope you like this information about Torsten Toeller. If you like this, then please share it with your friends. This above post is all about the estimated worth of Torsten Toeller. 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 Torsten Toeller. Actual worth may vary a little. You can always get information by checking out Leaktown.com.