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Friedhelm Loh – Billionaire

Friedhelm Loh (born 16 August 1946) is a German billionaire businessman. He is the founder and chairman of the Friedhelm Loh Group, a manufacturing company that grew out of a business he inherited from his father.

Early life

Friedhelm Loh is the son of Rudolf Loh, who founded a company 1961 after inventing the “first mass-produced enclosures for electrical control systems”.

Career

Loh serves as the Chairman of the Friedhelm Loh Group.

On the Forbes 2016 list of the world’s billionaires, he was ranked #722 with a net worth of US$2.4 billion.

Personal life

He is married with three children and lives in Haiger, Germany.

Summary

Friedhelm Loh
Born 16 August 1946 (age 70)
Residence Haiger, Germany
Nationality German
Net worth US$2.4 billion (Forbes 2016)
Spouse(s) married
Children 3
Parent(s) Rudolf Loh
REAL TIME NET WORTH
$6.7B-as of 5/7/19
  • Friedhelm Loh’s group of companies provides software, products and services to industries including switchgear manufacturing and utilities.
  • His largest company, Rittal, supplies electrical enclosures, climate-control technology, power distribution gear and IT infrastructure.
  • He inherited the business from his father, Rudolf, who invented the first mass-produced enclosures for electrical control systems.
  • Today, the group has over 11,500 employees, 80 global subsidiaries and annual revenue of around $3 billion.

Source:

  1. wikipedia
  2. forbes

 

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