Rank #1170
Ralph Dommermuth
Net worth $3.7B
Internet service provider · Germany
- Born
- Nov 19, 1963
- Age
- 62
- Source
- Internet service provider
- Residence
- Montabaur
- Citizenship
- Germany
- Marital status
- Married
- Children
- 1
- Education
Net worth over time
Biography
- Ralph Dommermuth leads United Internet, one of Europe's leading internet specialists serving home users and businesses.
- He launched United Internet's predecessor company, 1&1 AG, in 1988 with a borrowed desk and $285,000 saved from working as a computer salesman.
- 1&1 became the first internet company listed on Germany's stock exchange for high-tech companies, the Neuer Markt, in 1998.
- United Internet, of which Dommermuth owns around 50%, has expanded its offerings to include mobile telecommunication services and data centers.
- Dommermuth owns a 5% stake in Borussia Dortmund, a soccer club in the German Bundesliga.
- Dommermuth is married to the fashion designer Judith Dommermuth, who sits on Borussia Dortmund's supervisory board.
Financial assets
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