ACTUAL TIME TOTAL ASSETS– since 4/25/17
$ 3.8 B
The connected with Wolfgang Reimann’s multi-billion-dollar lot of money consist of Calvin Klein fragrances, Durex condoms, Jimmy Choo footwears, Peet’s Coffee, Krispy Kreme donuts and also Noah’s bagels. He is an offspring of drug store Ludwig Reimann, that, in 1828, accompanied Johann Adam Benckiser. 5 years , Benckiser had actually established a name chemical business. Reimann wed among his little girls as well as possessing business. Great-grandson Albert Reimann Jr. took the reins after his daddy passed away in 1952, and also included . After Albert’s death in 1984, Wolfgang and also 8 various other successors each acquired 11.1% of STAB Holding Business s.à.r.l (STAB). 5 of them divested their stakes, leaving Wolfgang and also 3 of his brother or sisters sharing a 95% passion in the Luxembourg-based investment firm. Its holdings consist of 80% of Coty Inc., a manufacturer of elegance items as well as fragrances best recognized for star as well as style partnerships, as well as 8.9% of Reckitt Benckiser, an international (wellness, health as well as house items) created through the 1999 merging of the Reimann family members organisation with Britain’s Reckitt & Colman Ltd. Much more lately, STAB has actually gotten managing in such high-end brands as Jimmy Choo, Bally and also Belstaff. Because 2012, it has actually become part of worth $25 billion in a bid to end up being the globe’s leading pure-play coffee firm. In December 2015, got to a $13.9 billion arrangement with Keurig Mountain to take control of the openly traded coffee organisation. This came just months after European anti-trust regulatory authorities blessed ‘s Amsterdam-based D.E Master Blenders’ $5-billion mix with Mondelēz International’s coffee company to create Jacobs Douwe Egberts. Previous effective targets of ‘s purchasing spree had actually consisted of Peet’s Coffee & Tea, Caribou Coffee Co. and also the Einstein Noah Restaurant Team. In Could, 2016, JAB took donut chain Krispy Kreme personal in a $1.35 billion bargain. Neither Wolfgang neither any one of his brother or sisters are energetic in the monitoring of JAB or the operations of its profile firms.
It is according to Forbes