Dieter von Holtzbrinck’s profile picture

Dieter von Holtzbrinck

Dieter von Holtzbrinck’s profile picture
Net worth 2018: $1.2 Billion
Industry: Other
Country: Germany
BIOGRAPHY

Dieter von Holtzbrinck was born in Germany. With sister Monika Schoeller and half-brother Stefan, inherited publishing house, Verlagsgruppe Holtzbrinck, from their father George, who founded it as a book club in 1948. For 21 years ran the company, which owns book publisher Henry Holt and German newspaper Die Zeit. Retired in May 2001, turning over management of company to brother Stefan. Sold his share in business to siblings in 2006 and resigned from the supervisory board. His share was to be disbursed over 15-year period to prevent too large a cash drain on the company. Last March, acquired Handelsblatt, Germany's biggest financial newspaper, 50% of weekly newspaper Die Zeit and other assets from his siblings canceling previous deal and letting his siblings out of any financial obligation to pay him cash. Has formed a new company, Dieter von Holtzbrinck Medien GmbH. No sibling rivalry: he and siblings will sit on Die Zeit's supervisory board together.

NET WORTH STATISTIC
2010

$1.2 Billion

2018

$1.2 Billion

TIMELINE
2007

, until he resigned on 19 July 2007, showing his disagreement with the takeover of the company by Rupert Murdoch's News Corp

1942

Dieter von Holtzbrinck (born 1942) is one of the heirs to the Holtzbrinck publishing empire, founded by his father Georg von Holtzbrinck (born 1909) in 1948

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