Portrait of Georg Haub

Rank #2567

Georg Haub

Net worth $1.6B

Retail · Germany

Born
Jan 01, 1962
Age
64
Source
Retail
Residence
Berlin
Citizenship
Germany
Marital status
Married
Children
0
Education

Net worth over time

Biography

  • Georg Haub derives his fortune from Tengelmann Group, which began with a shop opened in Muelheim an der Ruhr in 1876. Georg holds 31.33% of the group.
  • Its operations include home-improvement chain OBI; clothing and non-food discounter KiK; online retailer babymarkt.de; and food production company No Meat Factor.
  • The group also invests in startups and is active in services (energy, plus audits and consulting), property management and real estate development.
  • Oldest brother Karl-Erivan and Christian had taken over as co-CEOs in 2000. In 2018, Karl-Erivan went missing while on a ski tour. In 2021, he was declared dead.
  • With Karl-Erivan presumed dead, Georg's younger brother, Christian, who had been overseeing Tengelmann's U.S. venture portfolio, took over as CEO.
  • Erivan Haub had strong ties to Tacoma, WA, where his sons were born. He was a major contributor to UW-Tacoma, the Museum of Glass and the LeMay Automobile Museum