Christian Herz
Overview
- Source of Wealth
- Coffee
- Industry
- Finance & Investments
- Residence
- Hamburg
Biography
Christian Herz owns 45% of the private equity firm Mayfair SE, whose investments have included the sports apparel company Puma.
He is the grandson of Tchibo co-founder Max Herz, who built a fortune based on the importation and sale of coffee.
His father, Guenter, ran Tchibo for almost 35 years. The family also built a stake in skin-care company Beiersdorf, whose brands include Nivea.
Guenter and his sister, Daniela Herz-Schnoeckel, founded Mayfair after they were bought out of the family business in 2003.
As one of Mayfair's managing directors, Christian Herz is active in the shaping investment decisions.
About
Italian restaurant operator Vapiano, in which Mayfair had a stake, filed for bankruptcy after all locations in several countries closed in response to the pandemic.
Daniela Herz-Schnoeckel and her children have exited Mayfair, reportedly founding Bilton Holding AG to invest primarily in real estate.