Name
Sylvia Stroeher
Sylvia Stroeher
Darmstadt, Germany
Germany
cosmetics
$1,800,000,000
1281
#1281 Billionaires 2019
In 2003, Sylvia Stroeher received around $1 billion when her family sold 80% of hair-care group Wella AG to Procter & Gamble. In 1927, her great-grandfather Franz bought the rights to a process that used hot curlers and chemicals to put long-lasting waves into women's hair.Sylvia and her husband, a former nurse, have a renowned collection of contemporary German art that includes works by Baselitz, Immendorff and Kiefer. Part of the collection is housed in the Museum Kueppersmuhle in Duisburg, Germany.An extension to the museum by star architect Pierre de Meuron is set to open in 2019.
In 2013, Sylvia helped struggling German publishing house Suhrkamp by paying writers' remuneration for some time; she now sits on its supervisory board.
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