Early Life
Stefan Reimann-Andersen was born on July 13, 1963, in Austria. He is part of the Reimann family, known for their ownership of JAB Holding Company, a major investment firm with a significant presence in the consumer goods and fashion-retail industries. The Reimann family's wealth traces back to chemist Ludwig Reimann who partnered with Johann Adam Benckiser in 1828.
Rise to Success
Stefan inherited a stake in JAB Holding Company after his father's death. JAB Holding Company's portfolio includes investments in various sectors such as consumer goods, coffee, luxury fashion, and fast food. The company has made numerous acquisitions, including Keurig Green Mountain, Krispy Kreme, and Panera Bread, which has significantly increased the family's wealth. He and three of his siblings own 95% of JAB Holding Company.
Key Business Strategies
The Reimann family, through JAB Holding Company, has focused on acquiring and investing in premium brands with attractive growth and strong cash flow in the consumer goods sector. A strategic approach that has led to a significant increase in the family's net worth.
Philanthropy
The Reimann family is involved in philanthropy. In 2016, the Reimanns commissioned a study revealing close ties between their family, its business, and the Nazi regime during World War II. Following this discovery, the family formed the Alfred Landecker Foundation to support Holocaust survivors, conduct research, and combat antisemitism.