Guenther Lehmann & family
Germany Self-Made
Overview
- Source of Wealth
- drugstores
- Industry
- Fashion & Retail
- Residence
- Karlsruhe
- Children
- 1
Biography
Guenther Lehmann's family owns 50% of Germany's leading drugstore chain, dm (drogerie markt), which brings in around $12 billion in annual revenue.
The company got its start in 1973 when Goetz Werner opened his first shop in Karlsruhe, Germany.
The following year, Lehmann, then running his family's Pfannkuch grocery chain, invested in dm.
Little is known about Lehmann, who has not been operationally involved in dm, and his family.
About
Werner transferred his 50% of dm to a charitable foundation. His son Christoph, a member of dm's management board since 2011, now runs the company.
The dm philosophy, that ensuring employee well being brings greater long-term success for the company, is well-known in German-speaking countries.