Portrait of Karl Scheufele III & family

Rank #1722

Karl Scheufele III & family

Net worth $2.5B

Jewelry · Switzerland

Born
Jan 01, 1939
Age
87
Source
Jewelry
Residence
Geneva
Citizenship
Switzerland
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Karl Scheufele III and his family control Swiss jewelry and watchmaker Chopard, one of the best-known luxury accessory lines in the world.
  • A goldsmith and watchmaker by training, the German-born Scheufele bought the Geneva-based company in 1963 and transformed it into a global brand.
  • More than 50 years later, Scheufele remains active in the company, though his children Karl-Friedrich and Caroline lead the business.
  • Chopard's jewelry is a regular on the red carpet, with 11 Oscar winners having won while wearing Chopard, including Kate Winslet and Julianne Moore.
  • Scheufele was born in Pforzheim, Germany, nicknamed the "Golden City" due to its longstanding tradition in jewelry and watchmaking.
  • For five generations, his family has been naming sons Karl. His own son is Karl IV and his grandson is Karl V.