#1967
Alex Birkenstock
Germany 57 years old
Overview
- Source of Wealth
- Shoes
- Industry
- Fashion & Retail
- Residence
- Tegernsee
Assets
- Birkenstock Holding0 shares @ --BIRK-US
Biography
Alex Birkenstock is an heir to German footwear company Birkenstock, which traces its roots back to 1774.
The company began making its trademark sandals in the 1960s, under the leadership of Alex's father, Karl Birkenstock.
In 2002, Alex and his two brothers, Christian and Stephan, were given control of the company.
Stephan Birkenstock sold his stake to his two brothers in 2013 for an undisclosed amount.
In 2021, the brothers sold Birkenstock to L Catterton and Bernard Arnault's holding company for more than $4.5 billion. Christian rolled forward a stake then worth $300 million.