Name
Thomas Bruch
Thomas Bruch
St. Wendel, Germany
Germany
retail
$2,000,000,000
1168
#1168 Billionaires 2019
Thomas Bruch is the fifth generation of his family to preside over retailer Globus.Globus operates hypermarkets, plus DIY and electrical appliance stores, in Germany, Luxembourg, Russia and Czech Republic.Bruch and his family own 80% of the company, of which 25% is held by two family foundations.Charitable foundation Globus-Stiftung holds the remaining 20% and will inherit Bruch's 55% share after his death.
Globus-Stiftung has supported more than 400 social projects with $10.5 million, ranging from building schools in Ruanda to helping Ebola patients in Sierra Leone.Globus offers its 44,900 employees the chance to invest in and profit from the performance of the company though silent partnerships.
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