Kevin David Lehmann
Overview
- Source of Wealth
- Drugstores
- Industry
- Fashion & Retail
- Residence
- Karlsruhe
Biography
Kevin David Lehmann owns 50% of Germany's leading drugstore chain, dm (drogerie markt), which brings in over $14 billion in annual revenue.
The company got its start in 1973 when Goetz Werner opened his first shop in Karlsruhe, Germany. Today, dm has some 3,700 locations.
In 1974, Kevin David Lehmann's father, Guenther, then running his family's Pfannkuch grocery chain, invested in dm.
Guenther quietly transferred ownership of his 50% dm stake to Kevin David in 2017.
Neither Kevin David nor his father have been operationally involved in dm. Little is known about them.
About
The dm philosophy, that ensuring employee well being brings greater long-term success for the company, is well known in German-speaking countries.
Goetz Werner transferred his 50% of dm to a charitable foundation. His son Christoph, a member of dm's management board since 2011, now manages the company.