Alfred Oetker
Overview
- Source of Wealth
- Consumer goods
- Industry
- Fashion & Retail
- Residence
- Bielefeld
- Marital Status
- Married
Biography
Alfred Oetker and his brother are the co-CEOs and owners of Geschwister Oetker, a German holding company with brands spanning wine and spirits, chemicals and luxury hotels.
Geschwister Oetker was formed in 2021 after the Oetker family agreed to divide their $8 billion (sales) conglomerate into two independent groups.
The original business, Dr. August Oetker, began in 1891 when his great-grandfather started selling non-perishable baking powder.
In September of 2024, he and his brother Carl Ferdinand bought out their sister Julia from Geschwister Oetker, assuming full control over the company.
When Alfred's father, Rudolf August, passed away in 2007, ownership of Dr. August Oetker was divided among his eight children from three marriages.
About
Alfred has two sons with his wife, Princess Elvira Grimaldi, whose family is the Sicilian branch of the Grimaldis of Genoa and Monaco.
Alfred studied economics at the University of Passau and Oxford, and speaks six languages.