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Michael Otto Net Worth

How rich is Michael Otto?

Michael Otto Net Worth:
$19.3 Billion

Birth date: April 12, 1943
Birth place: Chełmno, Poland
Profession: Businessperson, Environmentalist
Nationality: Germany
Parents: Werner Otto, Eva Otto
Siblings: Frank Otto, Katharina Otto-Bernstein, Alexander Otto, Ingvild Goetz

Michael Otto net worth, wiki & biography:

German businessman Michael Otto has an estimated net worth of $17.1 billion as of October 2015 according to Forbes. He currently functions as the head ofOtto Group, a German vehicle group which is regarded as the largest mail order company on earth. Two years later, the business emerged from bankruptcy and was renamedEddie Bauer Holdings. The business is now owned byCommerzbank. Besides being an integral part of Crate & Barrelfurnishing chain, Michael Otto obtained his net worth fromextensive real estate which his family owns in United States and Canada. They also possess several shopping centers in Germany. Michael Otto is now married with two kids. He’s an alumnus of the University of Hamburg and also the University of Munich where he obtained his doctorate degrees.

Michael Otto Net Worth $17.1 Billion

Is Michael Otto's Net Worth Deserved?

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