What is Daniela Herz's Net Worth?
Daniela Herz is a German heiress who has a net worth of $3.5 billion. Born in 1954, Daniela Herz-Schnoeckel is one of the five children of billionaire Max Herz, a coffee baron who founded the Tchibo Holding. After the death of her father, Daniela and her siblings inherited the company Tchibo Holding GmbH (now known as Maxingvest), one of Germany's major retail holdings. Tchibo's profit has made the Hertz clan one of the wealthiest families in Germany. Through the years, there has been an ongoing family feud among the Hertz siblings which ended in 2003, when Daniela's brothers, Michael and Wolfgang, succeeded in pushing out Daniela and her other brother, Gunter, away from the company.
Soon, Daniela and Gunter invested in Mayfair SE, a private equity firm, and in Puma, a sporting goods company. In 2006, the sibling duo bought shipping certification company Germanischer Lloyd. Last year, the company merged with Norway's Det Norske Veritas, later renamed into DNV GL Group. Currently, the company is considered as one of the world's biggest ship classification companies.
