Kurt Krieger
Berlin, Germany
Germany
furniture retailing, Self Made
$2,600,000,000
877
#877 Billionaires 2019
Kurt Krieger purchased Hoeffner Group in 1967 and turned it into one of Germany's largest furniture retailers, trailing only IKEA.After the fall of the Berlin wall in 1989, he seized the opportunity to tap into new markets in eastern Germany. Besides Hoeffner Group, Krieger owns real estate in his hometown Berlin, having acquired almost 100 acres in 2010. He's planning a development project with schools, shopping centers and, of course, a furniture store in the northern part of the city.
In his youth, Krieger wanted to become a musician. He still plays the piano today.He flies his own helicopter and often uses this means of transportation to get to business meetings.
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