#2132

Carl Ferdinand Oetker

Germany 53 years old

Overview

Source of Wealth
Consumer goods
Residence
Bielefeld

Biography

Carl Ferdinand 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 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 Alfred bought out their sister Julia from Geschwister Oetker, assuming full control over the company.

He studied economics and international relations at Brown University, then started his career at Boston Consulting Group.

About

When Rudolf August passed away in 2007, ownership of Dr. August Oetker was divided between his eight children from three marriages.