Rank #2139
Alfred Oetker
Net worth $2.0B
Consumer goods · Germany
- Born
- Jan 01, 1967
- Age
- 59
- Source
- Consumer goods
- Residence
- Bielefeld
- Citizenship
- Germany
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Alfred Oetker and his brother are the co-CEOs and owners of Geschwister Oetker, a German holding company with brands spanning wine and spirits, chemicals and luxury hotels.
- Geschwister Oetker was formed in 2021 after the Oetker family agreed to divide their $8 billion (sales) conglomerate into two independent groups.
- The original business, Dr. August Oetker, began in 1891 when his great-grandfather started selling non-perishable baking powder.
- In September of 2024, he and his brother Carl Ferdinand bought out their sister Julia from Geschwister Oetker, assuming full control over the company.
- When Alfred's father, Rudolf August, passed away in 2007, ownership of Dr. August Oetker was divided among his eight children from three marriages.
- Alfred has two sons with his wife, Princess Elvira Grimaldi, whose family is the Sicilian branch of the Grimaldis of Genoa and Monaco.
- Alfred studied economics at the University of Passau and Oxford, and speaks six languages.