Hubert Burda
$4.0B
Born
Feb 09, 1940
Age
85
Source of Wealth
Publishing
Residence
Munich,
Citizenship
Germany
Marital Status
Married
Children
2
Education
Bachelor of Arts/Science, Ludwig Maxmilian University
- 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.
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