BillionaireNet
family
Paul-Heinz Wesjohann & family
Rank #988
GERMANYFood & BeverageChicken processing

Paul-Heinz Wesjohann & family

Net Worth
$4.094B
0% (24h)
Paul-Heinz Wesjohann, born in 1943, is a prominent German entrepreneur renowned for his significant contributions to the poultry industry. As the founder of the PHW Group, the largest poultry processor in Germany, Wesjohann's career has been marked by innovation and a commitment to growth. His leadership has propelled the PHW Group to become a major player in the European meat industry, with a current net worth of $4.0 billion. Wesjohann's wealth stems from his pioneering work in chicken processing and his strategic approach to business, which includes vertical integration and diversification into alternative protein sources. His company, PHW Group, employs around 7,000 people across Europe, showcasing his influence in the food-beverage industry. Wesjohann's career milestones and leadership principles reflect his dedication to sustainable growth and responsible business practices.

The Full Dossier

Early Life

Paul-Heinz Wesjohann was born on May 25, 1943, in Rechterfeld, Germany. He comes from a family with a strong agricultural background. His father, Paul Wesjohann, established a small agricultural trading business and hatchery in 1932. This early exposure to the poultry industry laid the foundation for Paul-Heinz Wesjohann's future endeavors.

Rise to Success

Wesjohann's entrepreneurial journey began when he joined his father's company at the age of 16. He gained valuable experience and quickly took on leadership roles within the family business. In 1965, Paul-Heinz and his brother Erich took over key positions in the hatchery, which later became the foundation for the PHW Group. In 1998, he founded the PHW Group (PHW representing his initials), after splitting from the Lohmann-Wesjohann Group with his brother Erich. Under his guidance, PHW Group became the largest poultry processor in Germany and a significant player in the European market.

Key Business Strategies

The success of Paul-Heinz Wesjohann can be attributed to several key strategies. First, his focus on vertical integration, which allowed the company to control various stages of the poultry production chain. Second, his commitment to innovation, always adapting to new market trends and setting new standards in the industry. Moreover, the group has invested in alternative protein sources and plant-based products, expanding its product range. Growth through diversification is one of the core principles of the group.

Philanthropy

Paul-Heinz Wesjohann and his family have been involved in philanthropic activities, notably through the Heinz Lohmann Foundation. The foundation promotes scientific research into nutrition and eating habits, reflecting the Wesjohann family's commitment to the food industry and its impact on society. Furthermore, Wesjohann has been politically active and involved in local community initiatives.

Career Timeline

2009

Peter Wesjohann took over the Chairmanship

Peter Wesjohann, his son, took over the chairmanship of the PHW-Gruppe.

1998

Founded PHW Group

Split from the Lohmann-Wesjohann Group and established PHW Group, focusing on poultry processing.

1987

Acquired majority of shares in Lohmann & Co. AG

The Wesjohann family took control of Lohmann & Co. AG, forming the Lohmann-Wesjohann-Gruppe.

1965

Co-founded the Broilerbrüterei Weser-Ems

Took on a leadership role in the poultry hatchery, which laid the foundation for future expansion.

1959

Apprentice in the family business

Began his career in the family's agricultural trade business and hatchery.

Philanthropic Impact

Research and EducationUndisclosed

Heinz Lohmann Foundation

Supports scientific research on nutrition and eating habits.

Wealth Trajectory