Elisabeth Mohn’s profile picture

Elisabeth Mohn

Elisabeth Mohn’s profile picture
Net worth 2018: $5.37 Billion
Industry: Media
Residence: Guetersloh, Germany
Country: Germany
BirthDay: 21 June 1941
Sigh: Cancer
Children: 3
BIOGRAPHY

Elisabeth Mohn was bornon 21 June 1941 in Guetersloh, Germany, Germany. Elisabeth Mohn is #380 in List Billionaires People In The World. Elisabeth (Liz) Mohn is the widow of Reinhard Mohn (d. 2009), who represented the fifth family generation in Bertelsmann. She and her three children own 19% of the German media conglomerate, whose holdings include 53% of the world's largest book-publishing group, Penguin Random House, and 75.1% of the leading European entertainment network, Luxembourg-based RTL Group. Bertelsmann also owns 100% of Europe's biggest magazine publisher, Gruner + Jahr. Mohn exercises veto power over decisions made at the level of the holding company, in which 100% of Bertelsmann shares are parked. She serves on the supervisory board of the company and on the board of the Bertelsmann Foundation, which owns 81% of the company and focuses on education and fostering mutual understanding and dialogue between different nations and cultures. Liz and Reinhard Mohn had three children together, two of whom -- Brigitte and Christoph -- are on the company's supervisory board. Mohn can decide who is to succeed her upon her retirement. In 2003, Reinhard and Liz Mohn received the Teddy-Kollek Prize awarded by the Jerusalem Foundation for distinction in actively promoting German-Jewish understanding. (During the Nazi era, Bertelsmann published anti-semitic and pro-war propaganda books.) In the early 1990s, Liz founded the German Stroke Foundation and still serves as its president.

NET WORTH STATISTIC
2010

$4.4 Billion

2011

$3.8 Billion

2012

$3.5 Billion

2013

$4.3 Billion

2014

$4.2 Billion

2015

$3.6 Billion

2016

$3.4 Billion

2017

$4.3 Billion

2018

$5.37 Billion

TIMELINE
2004

In 2004, she endorsed Angela Merkel for Chancellor

1993

In 1993, she founded the German Stroke Foundation, and serves as its President

1963

In 1963 she entered a pro forma marriage with author Joachim Scholz, and only became Mohn's second wife in 1982

1941

Elisabeth Mohn (née Beckmann; born 21 June 1941) is the widow of Reinhard Mohn, the owner of the media conglomerate Bertelsmann

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