#1895
Benjamin Otto
Germany 51 years old
Overview
- Source of Wealth
- Retail
- Industry
- Fashion & Retail
- Residence
- Hamburg
Biography
Benjamin Otto inherited a 15.1% stake in Otto Group, which his grandfather, Werner, started as a mail-order business in 1949.
His father, Michael Otto, he ran the business for 26 years until 2007. He is now chairman of its supervisory board.
With revenues exceeding $15 billion, Otto Group has more than 40 companies in retail (including Crate and Barrel), real estate and financial services.
Benjamin joined the family company as an executive director in 2012.
About
Benjamin Otto and his wife are active in philanthropic organizations focused on healing through alternative treatment methods.