Name
Georg Haub
Primary Residence
Berlin, Germany
Citizenship
Germany
Source Of Wealth
retail
Net Worth
$2,100,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1116
Forbes List Rank One: Title
#1116 Billionaires 2019
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Summary
Georg Haub derives his fortune from Tengelmann Group, which began with a shop opened in Muelheim an der Ruhr in 1876.Its retail operations are comprised of OBI DIY (home improvement); clothing and non-food discounter KiK; and dollar-store chain TEDi.The group also invests in startups and is active in services (energy, plus audits and consulting), property management and real estate development.Oldest brother Karl-Erivan had taken over as CEO after father Erivan Haub died in early 2018. Then Karl-Erivan went missing while on a ski tour.With Karl-Erivan presumed dead, Georg's younger brother, Christian, who had been overseeing Tengelmann's U.S. venture portfolio, took over as CEO.
Did you know?
Erivan Haub has strong ties to Tacoma, WA, where his sons were born. He was a major contributor to UW-Tacoma, the Museum of Glass and the LeMay Automobile Museum.The family owns a buffalo ranch in Wyoming and 3,000 acres in Methow Valley.
Age
57
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