Hubert Burda’s profile picture

Hubert Burda

Hubert Burda’s profile picture
Net worth 2018: $3.78 Billion
Industry: Media
Residence: Munich, Germany
Country: Germany
BirthDay: 9 February 1940
Sigh: Pisces
Children: 2
Education: Bachelor of Arts / Science, Ludwig Maxmilian University
BIOGRAPHY

Hubert Burda was bornon 9 February 1940 in Munich, Germany, Germany. Hubert Burda is #595 in List Billionaires People In The World. Hubert Burda is a publishing baron who likes to mingle with movie stars, media personalities, fashionistas and captains of industry. A celebrity in his own right, he's married to well-known German actress Maria Furtwangler. In 2010, he handed over day-to-day control of Hubert Burda Media to Paul-Bernhard Kallen, a former McKinsey & Company consultant and Burda chief financial officer, and has since transferred a 49.86% ownership stake to his two children, Jacob and Elisabeth. (He still owns the remaining 50.1%). Burda's portfolio now consists of 540 media products worldwide, including the German editions of Elle, InStyle and Playboy. Though built via mass-market print publications -- the German newsweekly Focus and the celebrity magazine Bunte are company mainstays -- digital sources now account for fully half of Burda's roughly $2.2 billion in annual revenue. A big success in both print and digital is BurdaStyle, a portfolio of media brands aimed at women. (BurdaStyle has been publishing Harper's Bazaar in Germany since August 2013, in a joint venture with U.S. media company Hearst.) In March 2014, Burda entered into a joint venture with F+W, a New York City-based content and e-commerce company, to run the BurdaStyle brand in the U.S. and Canada, as well as the U.K. digital activities of BurdaStyle. Among Hubert Burda's philanthropic endeavors are the Felix Burda Foundation, which is committed to reducing the number of deaths from colon cancer in Germany (it's named after his son Felix, who died of colon cancer in 2001, at age 33). He also supports the Hermann-Lenz-Prize, a German literary award; the Burda Center for Innovative Communication, a media center at Ben Gurion University in Israel; and the Burda Academy of the Third Millennium, an interdisciplinary forum for researchers and thinkers.

NET WORTH STATISTIC
2009

$1.7 Billion

2010

$2.5 Billion

2011

$1.5 Billion

2012

$1.3 Billion

2013

$2.3 Billion

2014

$2.5 Billion

2015

$2.7 Billion

2016

$2.2 Billion

2017

$1.6 Billion

2018

$3.78 Billion

TIMELINE
2015

As of November 2015, Forbes estimated his net worth at US$2

2006

In 2006, the Central Council of Jews in Germany awarded Burda its Leo Baeck prize

2005

In 2005, together with German publishing houses, he initiated the project Paten für Toleranz to support the Jewish Centre Jakobsplatz in Munich

2002

In 2002, the title of honorary professor was bestowed on him by the Minister-President of Baden-Württemberg and he received the Grand Cross of Merit

2001

In 2001, in memory of his late son Felix from his first marriage, Burda established the Felix Burda Foundation dedicated to the early detection and prevention of colon cancer

1999

In October 1999, he received the Interfaith Gold Medallion from the International Council of Christians and Jews for his services to German–Jewish reconciliation

1990

They have two children, Jakob (born 1990) and Elisabeth (born 1992)

1975

His commitment to cultural endeavours includes the Hermann Lenz Award for German lyrics, formerly the Petrarca Prize, which was first awarded in 1975

1940

Hubert Burda (born 9 February 1940) is a German publisher

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