Name
Theo Mueller
Primary Residence
Zurich, Switzerland
Citizenship
Germany
Source Of Wealth
dairy
Net Worth
$3,500,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
568
Forbes List Rank One: Title
#568 Billionaires 2019
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Summary
Theo Mueller is the sole owner of Theo Mueller Group, a diversified food enterprise grounded in dairy processing and effective product marketing.Founded by his grandfather in Bavaria, the village dairy had only four employees when Theo Mueller took the reins from his father in 1971.He improved processing techniques and distribution infrastructure to turn it into the first dairy in Germany to offer fresh milk products nationwide. Aside from dairy, Mueller Group comprises packing, logistics, vehicle maintenance, fruit processing, a fish restaurant chain and artisanal bakeries.The Luxembourg-based company has 21 production plants in ten countries, employs 27,000 people and generates annual revenue of around $6.5 billion.
Did you know?
In 1995, two armed men dressed up as policemen tried to kidnap Theo Mueller. He lashed around and escaped. In the afternoon, he was back at his office desk.Mueller moved to Switzerland in 2003 to minimize the taxes his children would pay when inheriting the company.
Age
79
Categories
Number of Children
9
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