#1353
Ralph Dommermuth
Overview
- Source of Wealth
- Internet service provider
- Industry
- Technology
- Residence
- Montabaur
- Marital Status
- Married
- Children
- 1
Assets
- Borussia Dortmund5,553,000 shares @ --BVB-DE
- United Internet AG93,955,000 shares @ --UTDI-DE
Biography
Ralph Dommermuth leads United Internet, one of Europe's leading internet specialists serving home users and businesses.
He launched United Internet's predecessor company, 1&1 AG, in 1988 with a borrowed desk and $285,000 saved from working as a computer salesman.
1&1 became the first internet company listed on Germany's stock exchange for high-tech companies, the Neuer Markt, in 1998.
United Internet, of which Dommermuth owns around 50%, has expanded its offerings to include mobile telecommunication services and data centers.
About
Dommermuth owns a 5% stake in Borussia Dortmund, a soccer club in the German Bundesliga.
Dommermuth is married to the fashion designer Judith Dommermuth, who sits on Borussia Dortmund's supervisory board.