Bergit Douglas’s profile picture

Bergit Douglas

Bergit Douglas’s profile picture
Net worth 2018: $2.39 Billion
Residence: Frankfurt, Germany
Country: Germany
Children: 5
BIOGRAPHY

Bergit Douglas was born in Frankfurt, Germany, Germany. Bergit Douglas is #1020 in List Billionaires People In The World. The Oetker fortune -- of which Bergit Graefin Douglas is one of eight billionaire beneficiaries -- was built on baking and pudding powder. Now broadly diversified, Dr August Oetker KG -- a holding company whose subsidiaries employ some 26,000 people and generate around $15 billion in annual revenue -- traces its roots 1891, when August Oetker, a pharmacist, started selling non-perishable baking powder. After World War II, his grandson Rudolf August Oetker, a former Nazi SS officer, quickly rose to prominence as the driving force behind one of Germany's most recognizable brands. In 1950, according to the family history "Die Oetkers," Oetker produced more than 750 million packages of baking and pudding powder. Personifying Germany's Wirtschaftswunder, or economic miracle, he developed additional food products and expanded into beverages, container shipping, financial services and luxury hotels. He died in 2007, at age 90, leaving eight children from three marriages. The heirs, who along with their families each own 12.5% percent of the conglomerate, have disagreed over the management and future direction of Oetker, however. Split into two camps, the rivalry is between the children from Rudolf August's first two marriages -- Bergit Douglas and Rosely Schweizer, plus Richard, Christian and August Oetker -- and the siblings from the third marriage: Alfred, Carl Ferdinand and Julia Oetker. Alfred was expected to take over as general partner from his half-brother August in 2010, but he was blocked by the older siblings, who instead crowned Richard Oetker. In January 2015, with a proxy fight pending before an arbitration tribunal, the groups agreed to recruit an outside CEO when Richard retires in 2017. Bergit Douglas, who has an interior design business based in Frankfurt, redesigned some of the family's hotels. She is married to Christoph Douglas, an art consultant and former head of Sotheby's in Germany.

NET WORTH STATISTIC
2014

$1.65 Billion

2015

$1.3 Billion

2016

$2.1 Billion

2017

$2 Billion

2018

$2.39 Billion

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