- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.7 Billion
What is Christian Oetker's Net Worth?
Christian Oetker is a German businessman who has a net worth of $1.7 billion. Christian Oetker is one of the heirs to the Oetker wealth that was based on baking and pudding powder. Currently retired, he did receive his 12.5% portion in 2007 when the Chairman of the Dr. Oetker's advisory board died and left behind a vast fortune and eight children from three marriages. Today, Dr. Oetker is one of Germany's most popular brands that exists for over a century, i.e., since 1891.
Precisely speaking, it is a diversified holding company that has approximately 26,000 employees and makes some $15 billion in annual revenue. Maybe the numbers above explain the reason for the rivalry between Oetker's heirs that is expected to culminate in 2017. It's the year when the current leader Richard Oetker is going to retire. In addition, Christian Oetker was also responsible for the food division's market research.
