Rank #330
Theo Mueller
Net worth $10.2B
Dairy · Germany
- Born
- Jan 30, 1940
- Age
- 86
- Source
- Dairy
- Residence
- Zurich
- Citizenship
- Germany
- Marital status
- In Relationship
- Children
- 9
- Education
Net worth over time
Biography
- Theo Mueller inherited food and dairy firm Theo Mueller Group, which was founded in Bavaria in 1896.
- Founded by his grandfather in Bavaria, the village dairy had only four employees when Theo Mueller took the reins from his father in 1971.
- He improved processing techniques and distribution infrastructure, turning it into the first dairy in Germany to offer fresh milk products nationwide.
- Mueller Group is also active in packing, logistics, vehicle maintenance, fruit processing and convenience food.
- The company, today headquartered in Luxembourg, has 19 production sites around the world and employs almost 32,000 people. In 2021, it generated revenue of around $7.6 billion.
- In 1995, two armed men dressed up as policemen tried to kidnap Theo Mueller. He lashed around and escaped. In the afternoon, he was back at his office desk.
- On Jan. 1, 2022, his son Stefan took over as head of the group's supervisory board.