Wolfgang Herz

Wolfgang Herz is a well known German entrepreneur who received a massive fortune from his father’s inheritance. His net worth is estimated to be $5 billion. His father, Max Hertz, was a coffee baron. Wolfgnag himself is the co-owner of Tchibo Holding which is one of the largest retail groups in Germany. The company made massive profits over the years and this made the Herz family, including Wolfgang, very rich indeed. 

Read also :  The Billionaires of Germany

wolfgang herz

In 2003 Wolfgang Herz was in the center of major controversy as it was alleged that he tried his best, along with Michael and mother Ingebrug, to oust Daniela and Gunter from the company. Daniela and Gunter were his other siblings. It is true that the Herz family has been always in the news because there was a sort of battle between the siblings to wrest control of their father’s fortunes. 

wolfgang herz

But all this bitterness had a sorrow end as, in 2008, their brother Joachim died while swimming in a lake in Georgia. His fortunes were all donated to a charitable institution. The German businessman now lives in Hamburg, Germany and it won’t be wrong to say that controversies have never deserted the Herz family although a majority of it has been a result of their own doing. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)