LeaderPortfolio
Haub
Georg Haub
Rank #2536
GERMANYFashion & RetailRetail

Georg Haub

Net Worth
$1.572B
0% (24h)
Georg Haub, a German billionaire, derives his wealth from the Tengelmann Group, a prominent family-owned retail and investment conglomerate. Born in January 1962, Haub is the steward of a substantial 31.33% stake in the group, which was founded in 1876. The Tengelmann Group's diverse portfolio includes major retail operations like OBI, KiK, and babymarkt.de. Haub's career has been centered on managing this significant family asset, ensuring the long-term success of the business, which has a source of wealth in the Retail industry. His residence is in Berlin, Germany.

The Full Dossier

Early Life

Georg Haub was born in Germany in January 1962. He is the son of Erivan Haub, who built the Tengelmann Group into a retail giant. The family has a long history in the retail business, with the company originating in 1876.

Rise to Success

Georg Haub, along with his brothers Karl-Erivan and Christian, took over as co-CEOs of the Tengelmann Group in 2000. After Karl-Erivan went missing in 2018, Christian became the sole CEO. Georg Haub has focused on managing his substantial 31.33% stake in the Tengelmann Group, ensuring the family's long-term control of the company. Tengelmann has diversified into home improvement (OBI), discount retail (KiK), and online retail (babymarkt.de).

Key Business Strategies

The key to the success of the Tengelmann Group is its diversified retail portfolio and active investment strategy. The group invests in startups and operates in services like energy, audits, consulting, and real estate development. Christian Haub is currently the CEO, and the Haub family maintains control.

Philanthropy

Information on specific philanthropy initiatives and amounts is not readily available through a search.

Career Timeline

Ongoing

Major Family Shareholder

Continues as a major family shareholder, guiding the long-term management of the multi-billion euro fortune.

2021

Brother Declared Dead

Karl-Erivan Haub was declared dead, leading to Christian Haub becoming CEO.

2018

Brother's Disappearance

His brother, Karl-Erivan, went missing during a ski trip.

2000

Co-CEO of Tengelmann Group

Assumed role as co-CEO alongside his brother, Karl-Erivan Haub.

Philanthropic Impact

UnknownUndisclosed

Unknown

No information available.

Wealth Trajectory