| Real Name | Michael Herz |
|---|---|
| Net Worth 2026 | $4 billion USD |
| Birthday (Year-Month-Day) | 1946-9-28 |
| Nationality | German |
| Occupation | Businessman |
| Height | m or 0 ft 0 inches |
| Weight | kg or 0 pounds |
| Marital Status | Married |
| Ethnicity | American |
| Education | yale university, New York University |
| Kids | 1 |
| Kids Names | Sloane Herz |
Michael Herz | |
|---|---|
| Born | September 28, 1943 |
| Occupation | Businessman |
| Known for | Co-owner, Maxingvest AG (Tchibo) |
| Title | Member of management board, Maxingvest |
| Spouse | Married |
| Parent(s) | Max Herz and Ingeburg Herz |
| Relatives | Wolfgang Herz (brother) Günter Herz (brother) Daniela Herz-Schnoekel (sister) |
Michael Herz (born September 28, 1943)[1] is a German businessman, co-owner of holdings company Maxingvest AG.
Family business
In 1965, after the death of his father Max Herz, who co-founded Tchibo in 1949 with Carl Tchilinghiryan, Herz joined Tchibo (later Maxingvest AG) as head of sales.[2]
According to Forbes’ list of global billionaires, Herz is listed at number 360 with a net worth of $4.3 billion as of July 8, 2015. He was the 21st richest man in Germany and in 2003 made the top 10.[3][2]
Herz bought and reorganized book wholesaler Libri and florist Blume 2000, and prevented the break-up of Beiersdorf AG. His investment in Escada turned out to be a failure and ended in bankruptcy.[4][5]
Personal life
He is married and lives in Hamburg.[1]
In 2008, his brother Joachim died in a motorboat accident.[1]
References
- 1 2 3 "Forbes profile: Michael Herz". Forbes. Retrieved 10 May 2019.
- 1 2 "#360 Michael Herz". Forbes. July 8, 2015.
- ↑ "Milliardäre in Deutschland A–F". Accessed 31 May 2016.
- ↑ Claudia Rach (2009-08-13). "Escada Denies Herz Brothers Turnaround Coup as Company Crumbles". Bloomberg. Retrieved 2014-09-14.
- ↑ Carsten Dierig (2009-04-28). "Modekonzern Escada steht kurz vor der Insolvenz". Die Welt. Retrieved 2014-09-14.
Fact Sheet
- Wondering what Michael Herz's full name is? Michael Herz's full name is Michael Herz
- Michael Herz is German
- Michael Herz works as a(n) Businessman
- Michael Herz was born on 1946-9-28
- Michael Herz is 80 years old
- Michael Herz is currently Married
- Which college/university did Michael Herz go to? Michael Herz went to yale university, New York University
- Michael Herz has 1 kids
- Sloane Herz is the child of Michael Herz
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