Name
Reinhold Wuerth
Reinhold Wuerth
Kuenzelsau, Germany
Germany
fasteners, Self Made
$12,300,000,000
120
#121 Billionaires 2019
Reinhold Wuerth entered his father's wholesale screw business in 1949, at age 14, as the company's second employee and first apprentice.He took the reins in 1954 and honed a competitive advantage by delivering goods directly to customers on construction sites and in mechanical shops.Today, with sales of over $14 billion, Wuerth Group supplies assembly and fastening materials for the automotive, construction and engineering trades.Reinhold retired in 1993, but he still serves as chairman of the supervisory board of the Wuerth Group´s family trusts. Daughter Bettina Wuerth is chairwoman of the advisory board of Wuerth Group.
An enthusiastic aviator, he has a pilot's license and owns a fleet of jets and a small airport.His vast art collection, consisting of an estimated 17,500 pieces, began with an Emil Nolde painting acquired in 1964.
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