Ralph Dommermuth’s profile picture

Ralph Dommermuth

Ralph Dommermuth’s profile picture
Net worth 2018: $6.13 Billion
Industry: Technology
Residence: Montabaur, Germany
Country: Germany
BirthDay: 1963
Children: 1
BIOGRAPHY

Ralph Dommermuth was bornon 1963 in Montabaur, Germany, Germany. Ralph Dommermuth is #297 in List Billionaires People In The World. Ralph Dommermuth leads United Internet AG, one of Germany's largest Internet access providers. It serves mostly home users and small- to medium-sized enterprises and also provides web hosting, storage and email services. Dommermuth launched United's predecessor company, 1&1 AG, in 1988 with a borrowed desk and $285,000 saved from working as a computer salesman. It went public on Germany's stock exchange for high-tech companies, the Neuer Markt, in 1998.

NET WORTH STATISTIC
2010

$1.3 Billion

2011

$1.5 Billion

2012

$1.8 Billion

2013

$2.3 Billion

2014

$4.2 Billion

2015

$4.3 Billion

2016

$4 Billion

2017

$3.8 Billion

2018

$6.13 Billion

TIMELINE
Ralph Dommermuth (born 1963) is a German businessman, the founder, chairman and CEO of United Internet.Dommermuth trained as a banker, before moving into computer sales in Montabaur, Germany.In 1988, Dommermuth founded United Internet, and has been its CEO ever since.Dommermuth owns 40% of United Internet, the Germany-headquartered broadband provider, which manages the 1&1, GMX and Web.de brands, with 2015 turnover of Euro 3.7 billion, and 48 million customers in 11 countries.Dommermuth is Germany's sole Internet billionaire, and the country's youngest self-made billionaire.In 2017, when federal elections took place in Germany, the largest donation to a political party was provided by Dommermuth, Euro 500,000 Euro to the CDU, Germany's conservative party.He is divorced with one child and lives in Montabaur, Germany.
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