Portrait of Carl Ferdinand Oetker

Rank #2140

Carl Ferdinand Oetker

Net worth $2.0B

Consumer goods · Germany

Born
Oct 03, 1972
Age
53
Source
Consumer goods
Residence
Bielefeld
Citizenship
Germany
Marital status
Children
0
Education

Net worth over time

Biography

  • Carl Ferdinand 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 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 Alfred bought out their sister Julia from Geschwister Oetker, assuming full control over the company.
  • He studied economics and international relations at Brown University, then started his career at Boston Consulting Group.
  • When Rudolf August passed away in 2007, ownership of Dr. August Oetker was divided between his eight children from three marriages.