What is Wolfgang Herz's Net Worth?
Wolfgang Herz is a German entrepreneur who has a net worth of $4.4 billion. Wolfgang Herz eaned his fortune by inheriting wealth from his late father Max Hertz, a coffee baron. Wolfgang is a co-owner of Tchibo Holding, one of Germany's largest retail groups. The company's profit has made the Hertz family one of the richest clans in Germany.
Moreover, Wolfgang, along with his brother Michael succeeded in pushing out their siblings, Gunter and Daniela, from the company in 2003 in a long family feud. Few years later, the quarrel for the family fortune was marked by their brother's death, Joachim. Now, the company also owns 50% of the shares of the personal care company Beiersdorf AG, which makes the famous Nivea brand.
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