Rank #1019
Hubert Burda
Net worth $4.2B
Publishing · Germany
- Born
- Feb 09, 1940
- Age
- 86
- Source
- Publishing
- Residence
- Munich
- Citizenship
- Germany
- Marital status
- Married
- Children
- 2
- Education
- Bachelor of Arts/Science, Ludwig Maxmilian University
Net worth over time
Biography
- Known for his glamorous lifestyle, Hubert Burda inherited and ran his family's media company for over 20 years before handing over management of the company to Paul-Bernhard Kallen in 2010.
- He has transferred Burda Media shares to his two children, Elisabeth and Jacob (each now hold 37.4% of the company).
- However, because "rights of usufruct" entitle Hubert to receive economic benefits from those shares, Forbes attributes the ownership to him.
- Burda Media's portfolio consists of 500 media products in 14 countries, including Focus and Bunte and the German editions of Harper's Bazaar, ELLE and InStyle.
- While continuing to invest in its magazine business, the group has built up its digital business, which now accounts for well over half of sales.
- Hubert founded the Felix Burda Foundation after his son Felix died of colon cancer at age 33. It's focused on raising awareness about the cancer.
- He is married to Maria Furtwaengler, a German television actress known for her role in the Tatort series.
- After 30 years of marriage to Maria Furtwaengler, a German television actress, the couple announced their separation in August 2022.