BillionaireNet
family
Horst Wortmann & family
Rank #2084
GERMANYFashion & RetailFootwear

Horst Wortmann & family

Net Worth
$1.85B
0% (24h)
Horst Wortmann, a German shoe industry titan, established Wortmann KG in Detmold in 1967. His vision propelled the company to become a European market leader, offering fashionable footwear for women through brands like Tamaris, Marco Tozzi, and Caprice. With an estimated net worth of $1.6 billion, Wortmann's wealth stems from his successful career in the footwear industry. He is known for his strategic foresight and ability to adapt to changing market trends. The company's workforce includes around 30,000 employees globally.

The Full Dossier

Early Life

Horst Wortmann's journey began in Detmold, Germany, where he founded Wortmann KG in 1967. From the outset, Wortmann demonstrated a keen understanding of fashion and a commitment to quality, which set the foundation for his future success. He envisioned a company that would provide high-quality, fashionable shoes for women, a vision that would come to fruition through strategic decisions and innovative practices.

Rise to Success

Wortmann KG expanded its brand portfolio over the years, adding renowned names like Tamaris, Marco Tozzi, Caprice, Jana, and s.Oliver. Under Horst Wortmann's leadership, the company captured a significant share of the market and set new standards in shoe manufacturing and design. The success of Wortmann KG is rooted in his ability to anticipate market trends and adapt to the evolving demands of consumers. He introduced "Agenda 2020" a strategic plan focused on online retail.

Key Business Strategies

Horst Wortmann's business model integrated traditional craftsmanship with modern technology and marketing strategies. In 2016, Jens Beining, Wortmann's nephew, took over the operational management of Wortmann KG, further cementing the company's future. In 2020, the company launched the GREENSTEP collection, which expanded the portfolio with resource-saving and timeless shoes.

Philanthropy

Horst Wortmann established the Wortmann Foundation in 2013. The family foundation holds significant shares of the Wortmann Group. Wortmann Group has also been involved in reforestation projects, sponsoring trees for reforestation at the Hermann Monument and Lippe Regional Association.

Career Timeline

2023

Acquired Peter Kaiser

Wortmann, through Caprice, acquired the Peter Kaiser brand.

2016

Transition of Operational Management

Handed over operational management of Wortmann Group to his nephew, Jens Beining.

1967

Founded Wortmann KG

Established Wortmann KG in Detmold, Germany, laying the foundation for his footwear empire.

Philanthropic Impact

Family Foundation$125K

Wortmann Foundation

The Wortmann Foundation holds significant shares of the Wortmann Group and links the family partners and management.

Environmental$125K

Reforestation Projects

Sponsorship for the reforestation at the Hermann Monument and Lippe Regional Association.

Wealth Trajectory