Early Life
Kurt Krieger was born on April 2, 1948, in Berlin-Schöneberg, Germany. After graduating from the Ranke-Gymnasium in Berlin-Wedding in 1967, he began his career with a bank apprenticeship and entered the furniture retail sector. His early interest in business laid the foundation for his future success.
Rise to Success
Krieger's entrepreneurial journey took a pivotal turn in 1967 when he purchased the rights to the Höffner name for 25,000 Marks, and he started anew the Höffner furniture store at Pankstraße. Simultaneously, he pursued business administration studies, graduating from the Technical University of Berlin in 1975. After the fall of the Berlin Wall, he expanded his business into Eastern Germany, acquiring significant properties and retail spaces.
Key Business Strategies
Krieger's business strategy has been characterized by strategic acquisitions and expansion. He not only developed the Höffner brand but also acquired controlling stakes in other furniture chains such as Möbel Walther and Möbel Kraft. His ventures extended into the acquisition of real estate, including the development of residential and commercial properties. He also planned the construction of the new residential area Pankower Tor on the former railway site in Berlin.
Philanthropy
While specific details about his philanthropic activities are not readily available, it's known that Krieger has shown interest in supporting various initiatives. Additional research is needed to ascertain the exact amounts and nature of his charitable contributions.