BillionaireNet
Springer
Friede Springer
Rank #1252
GERMANYMedia & EntertainmentPublishing

Friede Springer

Net Worth
$3.23B
0% (24h)
Friede Springer, a prominent figure in the media industry, is a German publisher and the widow of Axel Springer, the founder of Axel Springer SE. Born on August 15, 1942, she inherited a significant stake in the company after her husband's death in 1985. Springer played a crucial role in shaping Axel Springer into one of Europe's leading media conglomerates, overseeing publications such as Bild and Die Welt. With a net worth of $3.2 billion, she holds a prominent position in the world of publishing and media, demonstrating her commitment to the continuity and success of the company.

The Full Dossier

Early Life

Friede Springer was born Friede Riewerts on August 15, 1942, in Oldsum, Föhr, Germany. She initially trained as a hotel manager but did not complete her training. In 1965, she started working as a nanny for the Springer family.

Rise to Success

Friede Springer's life took a significant turn when she married Axel Springer in 1978, becoming his fifth wife. She was instrumental in securing the company's future after Axel's death in 1985. She played an active role in the company during her husband's lifetime. She became the manager of Axel Springer and the sole executive manager of Springer Holding. She systematically bought back shares and regained control of the business.

Key Business Strategies

After Axel Springer's death, Friede Springer led the company through significant transformations. In 2002, she appointed Mathias Döpfner as the new CEO, who successfully relaunched the company in the digital media market. To ensure the company's continuity, in 2020, Friede Springer transferred a 15% stake in Axel Springer to Mathias Döpfner and sold him an additional 4.1%. In 2023, over 85 percent of Axel Springer's revenue was generated from digital sources.

Philanthropy

Friede Springer actively participates in philanthropy, chairing the Friede Springer Foundation, the Axel Springer Foundation, and the Friede Springer Heart Foundation.

Career Timeline

2020

Transferred Shares to Mathias Döpfner

Transferred shares to CEO Mathias Döpfner to ensure continuity.

2002

Appointed Mathias Döpfner as CEO

Appointed Mathias Döpfner as CEO to relaunch the company in the digital media market.

1985

Inherited Axel Springer Verlag

Inherited the media empire after Axel Springer's death.

1978

Married Axel Springer

Married Axel Springer, becoming his fifth wife.

1965

Nanny for Axel Springer's family

Began working as a nanny for the Springer family.

Philanthropic Impact

Education and CultureUnknown

Friede Springer Foundation

Supports scientific, medical, artistic, and cultural projects.

German-Jewish Historical Research and German-Israeli RelationsUnknown

Axel Springer Foundation

Supports scientific, non-profit, and beneficent purposes.

HealthcareUnknown

Friede Springer Heart Foundation

Supports research and treatment in the field of cardiovascular disease.

Wealth Trajectory