Portrait of Reinhold Wuerth & family

Rank #91

Reinhold Wuerth & family

Net worth $27.4B

Fasteners · Germany

Born
Apr 20, 1935
Age
91
Source
Fasteners
Residence
Kuenzelsau
Citizenship
Germany
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Reinhold Wuerth is honorary chairman of the supervisory board of the Wuerth Group, a German hardware manufacturer founded by his father.
  • Wuerth joined the family's wholesale screw business in 1949, at age 14, as the company's second employee and first apprentice.
  • Today, with annual sales of over $23 billion, the Wuerth Group has more than 400 companies and 87,000 employees around the world.
  • Reinhold retired in 1994, but he still serves as Honorary Chairman of the Supervisory Board of the Wuerth Group.
  • Nephew Sebastian Wuerth is chairman of the advisory board of Wuerth Group.
  • Wuerth's vast art collection, consisting of more than 20,000 pieces, began with an Emil Nolde watercolor painting acquired in 1972.
  • An avid aviator, Wuerth was president of a German flying club for nearly 25 years.