Hubert Burda
Overview
- Source of Wealth
- Publishing
- Industry
- Media & Entertainment
- Residence
- Munich
- Education
- Ludwig Maxmilian University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 2
Biography
Known for his glamorous lifestyle, Hubert Burda inherited and ran his family's media company for over 20 years before handing over management of the company to Paul-Bernhard Kallen in 2010.
He has transferred Burda Media shares to his two children, Elisabeth and Jacob (each now hold 37.4% of the company).
However, because "rights of usufruct" entitle Hubert to receive economic benefits from those shares, Forbes attributes the ownership to him.
Burda Media's portfolio consists of 500 media products in 14 countries, including Focus and Bunte and the German editions of Harper's Bazaar, ELLE and InStyle.
While continuing to invest in its magazine business, the group has built up its digital business, which now accounts for well over half of sales.
About
Hubert founded the Felix Burda Foundation after his son Felix died of colon cancer at age 33. It's focused on raising awareness about the cancer.
He is married to Maria Furtwaengler, a German television actress known for her role in the Tatort series.
After 30 years of marriage to Maria Furtwaengler, a German television actress, the couple announced their separation in August 2022.