Daniela Herz Net Worth is$2.5 Billion
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Daniela Herz Net Worth: Daniela Herz is a German heiress who has a net worth of $2.5 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.
Mayfair Verm??gensverwaltung AG is the family office of the families of G? 1/4 nter Herz and Daniela Herz. It invests in long term holdings of companies, short term assets like stocks and bonds, and real estate.
The long term investment area is run by Maryland GmbH. According to German press quotes, investments range from ??? 100m to several billion per transaction and have an emphasis on companies from the consumer goods, retail or service sectors.

The families had been long term shareholders of Tchibo Group. G? 1/4 nter Herz took over the leadership of the group from his father in 1965. Since then Tchibo expanded from some DM 50m turnover to almost ??? 9.5bn on a pro forma consolidated basis.
Tchibo Frischr??st GmbH, the original coffee business innovated a non-food concept with weekly changing assortments that it introduced in its 1300 store retail chain. It also expanded through an innovative concession depot concept to some 25,000 point of sale in Germany, Austria and Switzerland growing its total business to some ??? 3.9bn turnover in 2003. In 1997 Tchibo acquired its key competitor Eduscho, integrated the logistics and retail operations and included the Eduscho coffee brand in its coffee portfolio.
In 1977 Tchibo bought a 25% stake in publicly listed Beiersdorf AG. At the time Beiersdorf achieved a turnover of some ??? 400m from its Nivea, Tesa and Hansaplast brands. During the 80s Nivea was repositioned from a cream brand to a personal care brand and started on a global expansion. 25 years later Nivea has become the largest personal care brand globally and Beiersdorf has grown to almost ??? 5bn in sales.
Finally in 1980 the group acquired a stake in the European cigarette company Reemtsma. That stake was increased over the years to a 76% holding and Reemtsma turnover grew from ??? 1.5bn in 1980 to ??? 8.5bn in 2002. 21 years after the first investment, Tchibo decided to sell its stake to Imperial Tabacco.
In 2002 G? 1/4 nter Herz st

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Daniela Herz Latest News

PPR pounces on Puma with takeover bid

PPR agreed to buy a 27 percent stake in Puma from German billionaires Guenter and Daniela Herz and make an offer for the rest of Puma, whose shoes have been worn by tennis star Serena Williams and the Italian soccer team. The French group said its 330-euro ...
Posted: April 9, 2007, 5:00 pm

Girls basketball box scores for Jan. 17

Daniela Rozman 2 0-0 4, Mikayla Ruth 0 0-0 0, Escence Chisholm 1 1-2 3, Sarah LaMaster 0 0-0 0, Amber Carado 2 0-0 4. Totals: 7 3-6 18. MECHANICSBURG (43) — Kyra Skurcenski 3 0-1 8, Jordan Hertz 5 4-7 14, Kourtney Landis 1 3-4 5, Maya Gelnett 0 0-0 0 ...
Posted: January 17, 2015, 10:27 am

Tchibo coffee family 'to back' GfK's counterbid for TNS

According to the German press, GfK's talks are with Mayfair, the Hamburg investment outfit owned by brother and sister Günter and Daniela Herz. Mayfair will neither confirm nor deny the reports. The Herz family inherited their wealth from their father Max ...
Posted: July 10, 2008, 4:00 pm
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