Erwin Franz Mueller
$3.2B
Born
Aug 09, 1932
Age
93
Source of Wealth
Drugstores
Residence
Ulm,
Citizenship
Germany
Marital Status
Married
Children
1
Education
- Erwin Franz Mueller owns an eponymous drugstore chain with some 880 stores across seven European countries and annual revenue of around $4.4 billion.
- The business dates to 1953, when Mueller opened a hairdressing shop in his home in Ulm, Germany.
- In recent years, working conditions at his drugstores have been the subject of scrutiny in media reports.
- In August 2022, shortly before his 90th birthday, M?ller retook the helm after CEO G?nther Helm suddenly departed.
- In 2017, he founded the Erwin-Mueller-Privatstiftung as a company foundation in Linz, Austria to deal with his eventual succession.
- Mueller is believed to have pledged more $1 billion of real estate assets - including a house and a golf course in Mallorca - as collateral in a 2013 tax dispute.
- He married his second wife and former secretary, Anita, in 2006. Around the same time, his son Reinhard left the company's management team.
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