Portrait of Heinrich Otto Deichmann

Rank #742

Heinrich Otto Deichmann

Net worth $5.6B

Shoes, retail · Germany

Born
Nov 30, 1962
Age
63
Source
Shoes, retail
Residence
Essen
Citizenship
Germany
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Heinrich Otto Deichmann is chairman of Deichmann SE, one of Europe's largest shoe retailers with 2024 sales revenue of about $9 billion.
  • Headquartered in Essen, Germany, the company operates 4,700 locations across 34 countries and employs nearly 50,000 people.
  • His grandfather Heinrich Deichmann started the business as a shoemaker store in 1913 and ran it with his wife Julie.
  • Deichmann joined the company in 1989 and became its chairman ten years later; he now owns 80% of the company.
  • His son Samuel joined the management board in 2020