#1203
Christian Oetker
Germany 78 years old
Overview
- Source of Wealth
- consumer goods
- Industry
- Fashion & Retail
- Residence
- Bielefeld
Biography
Christian Oetker owns 12.5% of Dr. August Oetker, a $9 billion (sales) conglomerate with interests in food, beverages, chemicals and hotels.
The business began in 1891 when his great-grandfather, pharmacist August Oetker, started selling non-perishable baking powder.
After World War II, Christian's father, former Nazi SS officer Rudolf August Oetker, developed additional food products and successfully diversified.
Christian is retired. He was responsible for the food division's market research.
About
When Rudolf August passed away in 2007, at age 90, the company's ownership was divided between his eight children from three marriages.