Name
Friede Springer
Friede Springer
Berlin, Germany
Germany
publishing
$4,400,000,000
529
#529 Billionaires 2019
Friede Springer inherited media giant Axel Springer Verlag from her husband, Axel, following his death in 1985.Hired as the nanny of his two sons, Springer eventually married Axel, who trained her to take over the business.Among the largest publishing houses in Europe, Axel Springer is active in over 40 countries. Its newspapers include Bild and Die Welt.In electronic media, the company acquired TV news station N24 (since rebranded as Welt) and the New York-based digital news outlet Business Insider.It went public in 1985; Springer still owns nearly 43% of the shares.
Springer is active in various philanthropic organizations, and has been widely recognized for her efforts to rebuild German-Jewish relations.A member of Germany's Christian Democratic Union, she is a personal friend of Chancellor Angela Merkel.
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