Alfred Oetker
$2.0B
Born
Jan 01, 1967
Age
59
Source of Wealth
Consumer goods
Residence
Bielefeld,
Citizenship
Germany
Marital Status
Married
Children
0
Education
- 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.
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