Portrait of Sylvia Stroeher

Rank #1776

Sylvia Stroeher

Net worth $2.4B

Cosmetics · Germany

Born
May 30, 1955
Age
70
Source
Cosmetics
Residence
Darmstadt
Citizenship
Germany
Marital status
Married
Children
1
Education

Net worth over time

Biography

  • In 2003, Sylvia Stroeher netted over $1 billion when her family sold 80% of hair-care group Wella AG to Procter & Gamble.
  • In 1927, her great-grandfather Franz bought the rights to a process that used hot curlers and chemicals to put long-lasting waves into women's hair.
  • Sylvia and her husband, a former nurse, have a renowned collection of contemporary German art that includes works by Baselitz, Immendorff and Kiefer.
  • Part of the collection is housed in the Museum Kueppersmuehle in Duisburg, Germany.
  • An extension to the museum by star architect Pierre de Meuron opened in 2020.
  • In 2013, Sylvia helped struggling German publishing house Suhrkamp by paying writers' remuneration for some time; she now sits on its supervisory board.