#2586

Georg Haub

Germany 64 years old

Overview

Source of Wealth
Retail
Residence
Berlin
Marital Status
Married

Biography

Georg Haub derives his fortune from Tengelmann Group, which began with a shop opened in Muelheim an der Ruhr in 1876. Georg holds 31.33% of the group.

Its operations include home-improvement chain OBI; clothing and non-food discounter KiK; online retailer babymarkt.de; and food production company No Meat Factor.

The group also invests in startups and is active in services (energy, plus audits and consulting), property management and real estate development.

Oldest brother Karl-Erivan and Christian had taken over as co-CEOs in 2000. In 2018, Karl-Erivan went missing while on a ski tour. In 2021, he was declared dead.

With Karl-Erivan presumed dead, Georg's younger brother, Christian, who had been overseeing Tengelmann's U.S. venture portfolio, took over as CEO.

About

Erivan Haub had strong ties to Tacoma, WA, where his sons were born. He was a major contributor to UW-Tacoma, the Museum of Glass and the LeMay Automobile Museum