BillionaireNet
Loh
Friedhelm Loh
Rank #194
GERMANYManufacturingManufacturing

Friedhelm Loh

Net Worth
$14.046B
0% (24h)
Friedhelm Loh is a prominent German billionaire industrialist, celebrated for transforming a family business into a global manufacturing powerhouse. Born on August 16, 1946, Loh currently has an estimated net worth of $13.9 billion, stemming from his ownership of the Friedhelm Loh Group. His career began after inheriting Rittal, a company founded by his father, Rudolf Loh. Under his leadership, the group expanded significantly into industrial solutions, IT infrastructure, and software, with a strong focus on innovation and digital transformation. Loh is also known for his philanthropic efforts, particularly in education and social causes, demonstrating a commitment to ethical business practices and community development. He is a member of the Free Evangelical Congregation of Germany.

The Full Dossier

Early Life

Friedhelm Loh was born on August 16, 1946, in Haiger, Germany. He is the son of Rudolf Loh, who founded a company in 1961 that later became the Friedhelm Loh Group. Loh grew up in Haiger and attended local schools. After an apprenticeship and studies, he started his professional career.

Rise to Success

Loh took over Rittal in 1974, transforming it from a small family business into a global player in the manufacturing industry. He expanded the company's offerings to include climate control systems, power distribution equipment, and server racks, recognizing the growing demand for IT infrastructure and industrial automation. Loh focused on embracing globalization and innovation.

Key Business Strategies

A key to Loh's success was his foresight in embracing globalization and technological advancements. He expanded the Friedhelm Loh Group to include multiple companies such as Eplan and Cideon, specializing in industrial software and automation solutions. The group's strategy revolves around providing end-to-end solutions for industrial clients. Loh's leadership has been marked by continuous innovation, diversification, and a strong emphasis on Industry 4.0, integrating cutting-edge technologies like AI, cloud computing, and smart manufacturing. Furthermore, he invested heavily in employee training and development through the Loh Academy and Studium Plus programs.

Philanthropy

Beyond his business endeavors, Friedhelm Loh is widely recognized for his philanthropic work. He supports numerous charitable causes, including education, humanitarian aid, and religious institutions. He established the Rittal Foundation, which supports social, educational, and cultural projects. He is also involved with the Christian Media Foundation, supporting projects aimed at promoting Christian values.

Career Timeline

2023

Founded National Automobile Museum

Established the National Automobile Museum – The Loh Collection in Dietzhölztal, Germany.

2011

Established the Rittal Foundation

Committed funds to support social, educational, and cultural projects.

2006-2014

President of ZVEI

Served as President of the German Electrical and Digital Industry Association.

1974

Took over Rittal

Friedhelm Loh took over the running of the family business and expanded its offerings.

1961

Foundation of Rittal

Rudolf Loh, Friedhelm Loh's father, founded the company that would later become the Friedhelm Loh Group.

Philanthropic Impact

Education and Culture$5M+

Rittal Foundation

Supports social, educational, and cultural projects.

Religious and Social CausesUnknown

Christian Media Foundation

Supports Christian values and religious literature.

Humanitarian AidUnknown

Debora Foundation India

Supports education and construction of a school for the Dalit caste.

Wealth Trajectory