Portrait of Ralph Dommermuth

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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