Name
Reinfried Pohl, Jr.
Reinfried Pohl, Jr.
Marburg, Germany
Germany
mutual funds
$1,100,000,000
1941
#1941 Billionaires 2019
Reinfried Pohl Jr. is chief representative of DVAG, the leading German company offering mutual funds, consumer insurance and annuities.His brother Andreas and he inherited the DVAG empire from their father, Reinfried Pohl Sr., who died in 2014.The family's holding company, owned 50/50 by the brothers, holds 60% of DVAG, with the remaining 40% held by Generali Deutschland Holding AG.Reinfried grew up in the company, attended openings of new branches with his father as a teenager, then sold insurance and later helped manage DVAG.Magazine Der Spiegel once called DVAG "Germany's biggest doorstep brigade," saying the company sold insurance contracts at inflated prices.
The DVAG founder supported a range of schools and organizations in his home city of Marburg, which has led some to refer to it as "Pohl City."Reinfried's wife, Ana, a physician, is a member of DVAG's supervisory board, as is Andreas' wife, Jaqueline.
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