Portrait of Oliver Samwer

Rank #3180

Oliver Samwer

Net worth $1.1B

tech investments · Germany

Born
Aug 09, 1973
Age
52
Source
tech investments
Residence
Munich
Citizenship
Germany
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, WHU - Otto Beisheim School of Management

Net worth over time

Biography

  • Oliver Samwer and his brothers Alexander and Marc founded Berlin-based tech incubator Rocket Internet in 2007 and took it public in October 2014.
  • Oliver is the middle brother and the CEO of Rocket Internet, which delisted from the Frankfurt Stock Exchange in October 2020.
  • Together, the Samwers own around 45% of Rocket. The company was valued at more than $8 billion at the time of its IPO.
  • Inspired by the dot-com boom, they created a German auction site, Alando, in 1999 and sold it to eBay for $43 million after a few months.
  • That was followed by the creation of mobile phone content provider Jamba!, which they sold to Verisign in 2004 for $273 million.
  • Oliver once said in an interview that he has no time for hobbies, preferring to spend his spare time with his children.

Financial assets

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