Rank #3099
Christian Herz
Net worth $1.2B
Coffee · Germany
- Born
- Jan 01, 1970
- Age
- 56
- Source
- Coffee
- Residence
- Hamburg
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Christian Herz owns 45% of the private equity firm Mayfair SE, whose investments have included the sports apparel company Puma.
- He is the grandson of Tchibo co-founder Max Herz, who built a fortune based on the importation and sale of coffee.
- His father, Guenter, ran Tchibo for almost 35 years. The family also built a stake in skin-care company Beiersdorf, whose brands include Nivea.
- Guenter and his sister, Daniela Herz-Schnoeckel, founded Mayfair after they were bought out of the family business in 2003.
- As one of Mayfair's managing directors, Christian Herz is active in the shaping investment decisions.
- Italian restaurant operator Vapiano, in which Mayfair had a stake, filed for bankruptcy after all locations in several countries closed in response to the pandemic.
- Daniela Herz-Schnoeckel and her children have exited Mayfair, reportedly founding Bilton Holding AG to invest primarily in real estate.