Early Life
Georg Haub is part of the Haub family, who built their wealth through the Tengelmann Group. Tengelmann began as a grocery business founded in 1867 by Wilhelm Schmitz-Scholl in Mülheim an der Ruhr.
Rise to Success
Georg Haub's career has been intertwined with the Tengelmann Group's evolution. His father, Erivan Haub, expanded the business greatly. Georg, along with his brother Christian, holds shares in the Tengelmann Group. They continue the family legacy of retail and investment. In 2021, Christian Haub became the majority shareholder. The Tengelmann Group has a diverse portfolio, including home improvement (OBI), clothing and non-food discounters (KiK), and online retail (babymarkt.de).
Key Business Strategies
The Tengelmann Group focuses on sustainable growth and long-term investments. The group has diversified beyond retail into real estate and venture capital, reflecting a strategy of operational control. Tengelmann Ventures and Emil Capital Partners are key venture capital entities investing in startups. The company's headquarters are in Munich, Germany.
Philanthropy
While the search results do not provide specific details on Georg Haub's personal philanthropic activities, his family has been involved in charitable giving. The Haub family has supported the arts and education through donations to the Tacoma Art Museum, where they entrusted the museum with a collection of Western art.