Hans Riegel’s profile picture

Hans Riegel

Hans Riegel’s profile picture
Net worth 2018: $2.9 Billion
Country: Germany
BirthDay: 10 March 1923
Sigh: Aries
Died On: 15/10/2013
Education: Bachelor of Arts / Science, University of Bonn
BIOGRAPHY

Hans Riegel was bornon 10 March 1923 in Germany. Candy maker Hans Riegel is the Gummi Bear billionaire -- and business has been growing, despite economic malaise in Europe. Riegel's estimated fortune has climbed an impressive $600 million in the past year as a result of increased sales. He is credited with inventing more than 200 sweets, including Gummi Bears, Vademecum sugar-free gum and Maoam fruit chewies, and has said he gets his inspiration from reading comic books and watching movies for children. The candies are produced by Riegel's ultra tight-lipped, family-owned Haribo candy company, which does not even disclose its revenues -- estimated at $2.9 billion (2.2 billion Euros) in 2011. He and his brother Paul rebuilt the company after World War II and ran it together until Paul's death in 2009, avoiding use of any debt. Hans, who is single and has no children, owns 50% of the company, still runs it and is in charge of marketing. The remaining 50% is owned by Paul's heirs. Paul's son Hans Guido Riegel heads production and technical questions. Two other sons of Paul, Hans Juergen Riegel and Hans Arndt Riegel, also sit on the supervisory board.

NET WORTH STATISTIC
2010

$1.6 Billion

2011

$2 Billion

2012

$2.3 Billion

2013

$2.9 Billion

2018

$2.9 Billion

TIMELINE
1953

In 1953, he was elected first president of the German badminton association (Deutscher Badminton-Verband) after he had won the German championship in the men's doubles

1951

After his graduation from the Jesuit boarding school Aloisiuskolleg, he did his doctorate in 1951 at Bonn University with his thesis "The development of the world sugar industry during and after the Second World War"

1923

Johannes Peter "Hans" Riegel (10 March 1923 – 15 October 2013) was a German entrepreneur who owned and operated the confectioner Haribo since 1946

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