Portrait of Benjamin Otto

Rank #1897

Benjamin Otto

Net worth $2.2B

Retail · Germany

Born
Jun 09, 1975
Age
50
Source
Retail
Residence
Hamburg
Citizenship
Germany
Marital status
Children
0
Education

Net worth over time

Biography

  • Benjamin Otto inherited a 15.1% stake in Otto Group, which his grandfather, Werner, started as a mail-order business in 1949.
  • His father, Michael Otto, he ran the business for 26 years until 2007. He is now chairman of its supervisory board.
  • With revenues exceeding $15 billion, Otto Group has more than 40 companies in retail (including Crate and Barrel), real estate and financial services.
  • Benjamin joined the family company as an executive director in 2012.
  • Benjamin Otto and his wife are active in philanthropic organizations focused on healing through alternative treatment methods.