Dieter Schwarz’s profile picture

Dieter Schwarz

Dieter Schwarz’s profile picture
Net worth 2018: $20.75 Billion
Residence: Neckarsulm, Germany
Country: Germany
BirthDay: 24 September 1939
Sigh: Libra
Children: 2
BIOGRAPHY

Dieter Schwarz was bornon 24 September 1939 in Neckarsulm, Germany, Germany. Dieter Schwarz is #47 in List Billionaires People In The World. Founded by Dieter's father, Josef, in 1930, Schwarz Group, with annual revenue exceeding $90 billion, is comprised of the Lidl and Kaufland store chains; the former is Germany's second-biggest discounter behind Aldi. The group has ambitious expansion plans for continental Europe, the U.K. and even the U.S., which it plans to enter in 2018. In June 2015, it announced plans to create more than 2,500 jobs in the U.K. as part of a $2 billion-plus, three-year expansion program there. Schwarz regularly appeared on Forbes' annual billionaires ranking in the 1990s but was taken off the list in 1999 after making the case to Forbes that he had transferred his ownership of Lidl to a charitable foundation. He returned to the list in 2013, after research showed that the Dieter Schwarz Foundation is a limited liability company with a charitable purpose, not a charitable foundation. Dividends are used to fund charitable projects, but Schwarz maintains full control over his shares and can sell them at any time. The Dieter Schwarz Foundation supports education and daycare facilities for children, science and research projects as well as other activities. In 2011, the Bildungscampus der Dieter Schwarz Stiftung opened in Heilbronn. The university campus, funded by the foundation, houses a graduate school of management and law as well as other higher education offerings. A decidedly private person who shuns all publicity, Schwarz has been married for more than 50 years and has two daughters. He has been decorated with prizes for his charitable works in Germany.

NET WORTH STATISTIC
2013

$19.5 Billion

2014

$21.1 Billion

2015

$19.4 Billion

2016

$16.4 Billion

2017

$17 Billion

2018

$20.75 Billion

TIMELINE
2014

As of February 2014, he is ranked as 23rd richest person in the world in the Hurun Report Global Rich List

2012

As of October 2012, the Bloomberg Billionaires Index lists Schwarz as the 29th richest person in the world with an estimated net worth of US$20

2009

In 2009 he was estimated to be worth 10 billion euro

1977

9 billion, making him the 52nd richest person in the world,After the death of his father Josef Schwarz in 1977, he took control of the Schwarz & Lidl discount chain

1939

Dieter Schwarz (born 24 September 1939) is a German entrepreneur and owner of the Schwarz-Gruppe

1924

6 billion, and ranked the 24th richest person in the world

(4.4/185 votes)
Related Person
Suh Kyung-Bae’s profile picture
Suh Kyung-Bae
Net Worth is $7.37 Billion
Odd Reitan’s profile picture
Odd Reitan
Net Worth is $6.78 Billion
Hank & Doug Meijer’s profile picture
Hank & Doug Meijer
Net Worth is $6.78 Billion
Sandra Ortega Mera’s profile picture
Sandra Ortega Mera
Net Worth is $6.59 Billion
Ma Jianrong’s profile picture
Ma Jianrong
Net Worth is $6.28 Billion
Tom & Judy Love’s profile picture
Tom & Judy Love
Net Worth is $5.83 Billion