Rank #3017
Robert Toennies
Net worth $1.2B
Meat processing · Germany
- Born
- May 29, 1978
- Age
- 48
- Source
- Meat processing
- Residence
- Rheda-Wiedenbrück
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Robert Toennies owns 50% of German food industry giant Toennies Lebensmittel, with annual revenue of around $6 billion.
- Operating meat, convenience, ingredients and logistics divisions, the company specializes in pig, sow and beef cattle slaughtering and processing.
- Robert's father, Bernd, and uncle, Clemens, cofounded Toennies Lebensmittel in 1971. It employs more than 15,000 people in Germany and Denmark.
- Bernd died in 1994, at age 42. Robert inherited his stake and now serves on the board of advisors of the holding company.
- Clemens and his son Maximilian own the other 50% of Toennies Lebensmittel.
- Robert fought in court with Clemens for several years. In 2017, they settled their dispute over ownership of stakes in the company.
- Toennies Lebensmittel is expanding into China in partnership with Dekon Group, a move that reportedly has contributed to renewed tensions between Robert and Clemens.