Friede Springer’s profile picture

Friede Springer

Friede Springer’s profile picture
Net worth 2018: $5.8 Billion
Industry: Media
Residence: Berlin, Germany
Country: Germany
BirthDay: 15 August 1942
Sigh: Virgo
BIOGRAPHY

Friede Springer was bornon 15 August 1942 in Berlin, Germany, Germany. Friede Springer is #328 in List Billionaires People In The World. Friede Springer is heiress of the media company Axel Springer Verlag, founded by her husband, Axel. Friede was the fifth wife of Axel. They met when she was hired as a nanny to his two sons, and were married in 1978. Axel, who was 30 years older, apparently groomed her to take on responsibilities at the company. Upon his death in 1985, she assumed control of a juggernaut that currently publishes newspapers in 44 countries, including the leading German conservative daily, Die Welt, and Germany's largest tabloid, Bild Zeitung. Propelled in part by its acquisition of the TV news station N24, finalized in 2014, Axel Springer aims to build the leading multimedia news outlet for quality journalism in the German-speaking world. Meanwhile, it generates nearly half its $3.5 billion in revenue from international markets, with digital activities accounting for more than 60% of the total. The company publishes the foreign-language editions of Forbes magazine in Poland and Russia. In 2015, it paid roughly $343 million for 88% of Business Insider, and subsequently raised its its stake in the New York-based digital business news outlet to 97%. It's an investor in social video news publisher NowThis Media, a New York-start-up targeting 18- to 34-year-olds with short videos about trending stories for mobile devices and distribution across social networks. Friede Springer is active in various philanthropic organizations, and has received numerous awards for her efforts to rebuild German-Jewish relations. She also holds the Federal Cross of Merit for her efforts to promote social, cultural and scientific dialogue worldwide. A member of Germany's conservative party, the Christian Democratic Union, she is a personal friend of chancellor Angela Merkel.

NET WORTH STATISTIC
2009

$1.6 Billion

2010

$2.5 Billion

2011

$3.7 Billion

2012

$3 Billion

2013

$3 Billion

2014

$4.2 Billion

2015

$4 Billion

2016

$3.4 Billion

2017

$3.9 Billion

2018

$5.8 Billion

TIMELINE
2017

1 billion (as of November 2017), thereby ranking as the 31st richest person on the list of Germany's wealthiest people and the 460th worldwide

2015

As of July 2015, Friede Springer sits as deputy chairwoman on the supervisory board of Axel Springer AG and is the largest shareholder of the company

2004

As such she participated in the 12th Federal Assembly in 2004 to elect the President of Germany

2002

In 2002, she (formally being the company's governing body) installed Mathias Döpfner as the new chairman of the board

1988

Among the decorations she received was the Order of Merit of the State of Berlin in 1988, the Great Cross of Merit of the Federal Republic of Germany in 1996, the Leo Baeck Price by the Central Council of Jews in Germany in 2000, and the Bavarian Order of Merit in 2004

1978

In 1978 she became Springer's fifth (and last) wife

1965

A Frisian gardener's daughter, she worked as a nanny at the Springer family's home from 1965 onwards and later became Springer's lover and eventual partner

1942

Friede Springer (born Friede Riewerts on 15 August 1942 in Oldsum on the island of Föhr) is a German publisher and widow of Axel Springer

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