Rank #1596
Timm Oberwelland
Net worth $2.7B
Candy · Germany
- Born
- Nov 04, 1969
- Age
- 56
- Source
- Candy
- Residence
- Citizenship
- Germany
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Oberwelland's great-grandfather, August Storck founded the business in the Westphalia town of Werther in 1903.
- At the time, sweets typically were sold unpackaged and without branding. He packaged his individually and gave them snappy names.
- Today, Storck employs over 7,000 people, sells products in more than 100 countries and generates almost $3 billion in estimated annual revenue.
- His brother, Axel, became the fourth generation of his family to lead the company after his father, Klaus, retired on Storck's 100th anniversary in 2003.