What is Axel Oberwelland's Net Worth?
Axel Oberwelland is a German businessman who has a net worth of $3.8 billion dollars. The current CEO of Storck GmbH, Axel Oberwelland is part of the fourth generation of his family to run the candy business that manufactures such sweets as Werther's Original, Riesen, and Toffifee. Storck GmbH also established the Stork Foundation, a non-profit dedicated to protecting Germany's stork population. He inherited the German candy company Storck GmbH when his father Klaus passed away in 2005. Sorck owns candy brands Werther's Original, Riesen, and Toffiffee.
Axel is the CEO of the company and is the fourth generation of his family to run the business. The company also makes house-brand chocolate for Aldi. The firm does not disclose its revenue but in 2011 the company was said to have earned about $21 billion. The Storck company has established the Storck Foundation, a non-profit that helps protect endangered storks in Germany.
