German businessmanFriedhelm Loh has an estimated net worth of $2.6 billion as of May 2015 according to Forbes. Along with being the owner, Loh also serves as the Chairman ofFriedhelm Loh Group, a position he continues to be serving since 2006. Also, he serves as Vice President of BDI as well asCentral Association of the Electrical and Electronics Industry’s president. After receiving a second chance educationin Business Administration, Friedhelm Loh started working for a few businesses inthemetal processing and electrical installation industry. It was in 1974 when he took on the management of Ritto Rittal which hired 200 workers afterward. Now, Friedhelm Loh Groupemploys around 11,600 workers, 10,000 of which are working for Rittal. The Loh Group encompasses numerous firms in the steel and technology businesses. Currently located in Germany, this 66-year old businessman is currently married with three kids.