#3124
Michaela Herz
Germany 51 years old
Overview
- Source of Wealth
- Coffee
- Industry
- Finance & Investments
- Residence
- Hamburg
Biography
Michaela Herz owns 45% of the private equity firm Mayfair SE, whose investments have included the sports apparel company Puma.
She is a granddaughter of Tchibo cofounder Max Herz, who built a fortune based on the import and sale of coffee.
Her father, Guenter, ran Tchibo for almost 35 years. The family also built a stake in skin-care company Beiersdorf, whose brands include Nivea.
Guenter and his sister, Daniela Herz-Schnoeckel, founded Mayfair after they sold their stake in the family business in 2003.
As one of Mayfair's managing directors, Michaela Herz is active in shaping investment decisions.
About
Daniela Herz-Schnoeckel and her children have exited Mayfair, reportedly founding Bilton Holding AG to invest primarily in real estate.