Theo Mueller

Theo Mueller, the owner of the Muller Group, is a German entrepreneur who has an estimated net worth of $2.7 billion. It is a family-owned business which he inherited from his father and founded by his grandfather in n1896.

The company has its headquarters in Bavaria, Germany. Theo took over this company from his father way back in 1971. It all started with just four employees on the roster but today it is one of the largest dairy making companies and employs around 21,000 people.  

In 2012 Robert Wiseman Dairies, which supplies around 35% of the demand for fresh milk in Britain, agreed to sell the company to Theo Mueller for a reported sum of $450 million. In the same year, Theo joined hands with Pepsi and announced a JV in the United States by the name of Muller Quaker Dairy. Its main objective was to enter the the US dairy market with premium yogurt products. 

At present the Mueller Group is led by Heiner Kamps, Dr Henrik Bauwens and Stefan Muller, the oldest son of Theo Muller. Theo, till today, has not married but he is in a relationship. He has as many as 9 children and he prefers to reside in Zurich.

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References:

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