Spouse(s) Gudrun Bauer Net worth US$1.9 billion (2006) | Nationality German Name Heinz Bauer | |
Full Name Heinz Heinrich Bauer Born 28 October 1939 (age 85) ( 1939-10-28 ) Hamburg, Germany Known for chairman of Bauer Media Group | ||
Heinz Heinrich Bauer (born 28 October 1939) is a German publisher. He is the grandson of Johann Andreas Ludolph Bauer, who founded the Bauer Media Group.
Contents
Early life
After school, he trained as a compositor and printer.
Career
On the death of his father Alfred Bauer in 1984, Heinz Bauer held 96% of the shares. In 2006, he had an estimated net worth of US$1.9 billion.
As a shareholder of the Terms mortgages Rheinboden (AHBR) he turned in 2006 to its sale to the US company Lone Star and criticized in this context, the Federal Financial (BaFin).
In 2010, he transferred 85% of the company to his youngest daughter Yvonne Bauer, and 5% to each of her older sisters, Mirja, Nicola and Saskia.
Personal life
Bauer and his wife Gudrun have four daughters. Mirja Bauer was editor of the magazine Life & Style. Her husband, the publishing manager Sven-Olof Reimers, has worked as Director of Digital KG in the Bauer Media Group. Yvonne Bauer leads since April 2007, Bauer Media Group, the publisher, she is since 2010. Nicola Bauer is the editor of the magazine InTouch. The youngest daughter Saskia Bauer heads the foreign West.
Bauer and his wife Gudrun donate to charitable causes, particularly the initiative "Riding Against Hunger", Welthungerhilfe.