#2990
Dieter Müller
Germany 72 years old
Overview
- Source of Wealth
- Motels
- Industry
- Real Estate
- Residence
- Munsing
Biography
Dieter Muller is the co-founder of European budget hotel chain Motel One.
Muller and partner Philippe Weyland created the concept for the business in 1999 and opened their first property in Frankfurt-Offenbach one year later.
Motel One investors have included German software billionaire Dietmar Hopp and a Morgan Stanley real estate fund that acquired a 35% stake in 2007.
Muller signed an agreement to sell a majority stake in 2025 that valued the business at 3.5 billion euros. He Still owns 6% plus 40% of its real estate portfolio.