Net worth 4.5 billion USD (2015) Nephews Christian Herz Name Wolfgang Herz Nieces Michaela Herz | Siblings Gunter Herz Nationality German Parents Ingeburg Herz, Max Herz | |
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Occupation member of Maxingvest's Supervisory Board Relatives Michael Herz (brother)Gunter Herz (brother)Daniela Herz-Schnoekel (sister)Joachim Herz (brother, deceased) Similar People Michael Herz, Ingeburg Herz, Gunter Herz | ||
Wolfgang Herz (born 1950) is a German businessman, co-owner of the German coffee shop and retail chain Tchibo.
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Family business
Herz is the son of Max and Ingeburg Herz. His father co-founded Tchibo in 1949 with Carl Tchilinghiryan.
In 2003, he sold his stake of the business to three family members. The company is now 100% owned by his mother, and two of his brothers Michael and Wolfgang Herz.
Personal life
According to Forbes, Herz has a net worth of $4.1 billion, as of January 2015. Herz lives in Hamburg.
References
Wolfgang Herz Wikipedia(Text) CC BY-SA