August Oetker Net Worth is
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Dr. August Oetker (January 6, 1862 a?? January 10, 1918) was born in Obernkirchen, Germany and died in Bielefeld, Germany. In 1891, he bought the Aschoffsche pharmacy in Bielefeld and developed a baking agent, which was designed to ensure the success of the baking process.
From 1893, Oetker distributed his invention under the brand name Backin, thus laying the basis for the family-owned company, called Oetker-Gruppe. This company still uses the very same recipe to produce baking powder. On September 21, 1903, Oetker filed a patent for his Procedure for making long-lasting baking powder or ready-to-bake flour.
Due to successful marketing, Oetker's products sold quite well and soon the old pharmacy had turned into a successful company. In 1900, Oetker built his first manufacturing plant and by 1906 had sold 50 million packages of Backin.
Prior to Oetker, Justus von Liebig and his American student, Eben Horsford, had already discovered baking powder. However, Oetker targeted mainly private households with his products whereas Horsford targeted bakeries.
Later, Oetker's grandson Rudolf August Oetker took over the company.
Motto: "Ein heller Kopf nimmt stets Oetker." ("Bright minds always use Oetker.").

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August Oetker Latest News

Dr Oetker Pizza Firm Chairman Admits 'My Father Was A Nazi'

The chairman of pizza firm Dr Oetker has admitted that his father was a Nazi. August Oetker revealed the news ahead of the publication of a new book, which studies his family’s links with the Nazi party. Rudolf-August Oetker, who ran the company after ...
Posted: October 18, 2013, 10:54 am

German Frozen Pizza Maker Reveals Nazi Art Loot in Company Collection

According to an official statement, the Dr. Oetker collection includes several hundred paintings, silver and porcelain, mostly acquired in the 1950s by billionaire Rudolf-August Oetker, owner of the private food company Oetker-Gruppe, who died in 2007.
Posted: October 31, 2016, 5:38 am

'We should give back art looted by the Nazis'

A few years ago, the family-owned firm enlisted prominent historians to write a book chronicling the relationship between former boss Rudolf-August Oetker - a member of the Waffen SS - and the Third Reich. It revealed how Dr Oetker had supported the war ...
Posted: August 21, 2017, 4:18 pm
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