Portrait of Alexander Samwer

Rank #3087

Alexander Samwer

Net worth $1.1B

tech investments · Germany

Born
Jan 31, 1975
Age
51
Source
tech investments
Residence
Munich
Citizenship
Germany
Marital status
Married
Children
1
Education
Master of Business Administration, Harvard Business School; Master of Arts, Oxford University

Net worth over time

Biography

  • Alexander Samwer and his brothers Oliver and Marc founded Berlin-based tech incubator Rocket Internet in 2007 and took it public in October 2014.
  • The youngest of the brothers, Alexander does not take part in day-to-day management of the company, leaving that to Oliver.
  • Together, the brothers own around 50% of Rocket. In October 2020, the company delisted from the Frankfurt Stock Exchange and is now private.
  • Inspired by the dot-com boom, the brothers created a German auction site, Alando, in 1999 and sold it to eBay for $43 million after a few months
  • That was followed by the creation of mobile phone content provider Jamba!, which was sold to Verisign in 2004 for $273 million.
  • Alexander is on the board of directors of Zalando, a German e-commerce company founded by Rocket Internet and modeled after Zappos in the U.S.
  • He graduated from Oxford University and earned an MBA from Harvard University.

Financial assets

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