How rich is Axel Oberwelland?
Axel Oberwelland Net Worth:
|Birth date:||October 15, 1976|
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Axel Oberwelland net worth, wiki & biography:
Axel Oberwelland Net Worth $3.6 Billion
He was ranked 376th in the list of the World Billionaires. The company is the manufacturer of Werther’s Original, Riesen and Toffiffee brands. Oberwell and is considered the fourth generation of your family to run the candy business. He is currently the CEO of the organization as well as manufactures house-brand chocolate for the German retailer Aldi. Aldi Sud is owned by billionaire Karl Albrecht. The firm will not disclose its revenues. Nevertheless, in 2011, the industry watchers had estimated that it earned $2.1 billion or 1.6 billion Euros which is almost exactly the same as the previous year. Half the earnings were made outside the country. His net worth has grown by $1.1 billion since last year as a result of the complete rise in the market value of the candy industry. Storck GmbH in addition has established a non-profit Storck Foundation that is focused on protecting the endangered stork population in Germany.