Rank #2553
Julia Oetker
Net worth $1.6B
Consumer goods · Germany
- Born
- Jan 26, 1979
- Age
- 47
- Source
- Consumer goods
- Residence
- Bielefeld
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Julia Oetker is an heir to the fortune of the Oetker Group, a now-divided German conglomerate with diverse holdings that included a popular range of food products.
- In September of 2024, she gave up her ownership stake in Geschwister Oetker, a German holding company with brands spanning wine and spirits, chemicals and luxury hotels.
- Geschwister Oetker was formed in 2021 after the eight Oetker siblings agreed to divide their $8 billion (sales) conglomerate into two separate groups.
- The original business, Dr. August Oetker, began in 1891 when her great-grandfather started selling non-perishable baking powder.
- Julia's brothers, Alfred and Carl Ferdinand, are co-CEOs and owners of Geschwister Oetker.
- When her father, Rudolf August, passed away in 2007, ownership of Dr. August Oetker was divided between his eight children from three marriages.