Rank #2807
Josef Boquoi & family
Net worth $1.4B
Frozen foods · Germany
- Born
- Jan 01, 1934
- Age
- 92
- Source
- Frozen foods
- Residence
- Straelen
- Citizenship
- Germany
- Marital status
- Children
- 3
- Education
Net worth over time
Biography
- Frozen-food king Josef Boquoi presides over bofrost, which has approximately 11,000 employees, four million customers and $1.4 billion in revenue.
- He joined his father's small coffee- and grain-roasting firm in 1953, after receiving a business degree and completing an apprenticeship in Hamburg.
- He founded bofrost in 1966, and its first refrigerated vans hit the streets of Germany in 1969.
- He introduced new items and developed a business model based on freezing and packaging a variety of fresh food, and delivering direct to households.
- Today, bofrost, based in Straelen, offers upwards of 1,000 different foods in Europe, delivered by a fleet of 5,500 sales vehicles.
- In Venice, customer orders are brought by boat, while in Madrid small vehicles are deployed to be able to navigate through the narrowest of alleys.
- Boquoi unsuccessfully sued Germany's Manager Magazine for including him on its list of richest Germans, claiming it was a violation of his privacy.