BillionaireNet
Samwer
Oliver Samwer
Rank #2855
GERMANYFinance & Investmentstech investments

Oliver Samwer

Net Worth
$1.204B
+0.09% (24h)
Oliver Samwer is a prominent German entrepreneur and tech investor, known for his significant tech investments and role as CEO of Rocket Internet. Born in Cologne in 1972, Samwer co-founded Rocket Internet in 2007 with his brothers, a company that builds and invests in internet businesses globally. His net worth is estimated at $1.2 billion, primarily derived from his tech investments. Samwer's career began with early ventures like Alando.de and Jamba!, showcasing his ability to identify and capitalize on market opportunities. His focus on operational efficiency and rapid execution has been a key to his success, leading him to become a major influence in the European tech scene.

The Full Dossier

Early Life

Oliver Samwer was born in Cologne, Germany, in 1972. He grew up in a family with a well-known lawyer as a father. He attended the Friedrich-Wilhelm-Gymnasium in Cologne, achieving a high grade point average. He went on to study business administration at the WHU – Otto Beisheim School of Management in Vallendar, where he also received a scholarship.

Rise to Success

Samwer's entrepreneurial journey began with his brothers, Marc and Alexander. In 1999, they founded Alando.de, a German online auction site that was quickly sold to eBay. This early success set the stage for their future ventures. In 2000, the Samwer brothers launched Jamba!, a mobile content provider that became a leader in Europe. Jamba! was later sold to VeriSign in 2004. In 2007, Oliver, Marc, and Alexander Samwer co-founded Rocket Internet, a company builder that has launched numerous internet and tech companies across various sectors. Rocket Internet went public in 2014 but delisted from the Frankfurt Stock Exchange in October 2020.

Key Business Strategies

Samwer and Rocket Internet are known for identifying successful business models, often from the U.S., and adapting them for different markets. They focus on operational efficiency, rapid execution, and the recruitment of talented business school graduates. Rocket Internet has a global focus, investing heavily in emerging markets. Samwer has been described as having an aggressive approach to business, focused on achieving results quickly.

Philanthropy

Details on Oliver Samwer's philanthropy are not readily available in the search results.

Career Timeline

2020

Rocket Internet Delisting

Rocket Internet delisted from the Frankfurt Stock Exchange.

2014

Rocket Internet IPO

Took Rocket Internet public on the Frankfurt Stock Exchange.

2007

Founded Rocket Internet

Co-founded Rocket Internet, a company builder focused on internet businesses.

2004

Sold Jamba!

Sold Jamba! to VeriSign for $273 million.

2000

Founded Jamba!

Co-founded Jamba!, a mobile content provider, which became a European market leader.

1999

Founded Alando.de

Co-founded the German online auction site, Alando.de, which was later sold to eBay.

Philanthropic Impact

UnknownUndisclosed

Unknown

Philanthropic activities are not readily available.

Wealth Trajectory