Karl Wlaschek Net Worth is$4.7 Billion
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Date of Birth: Aug 4, 1917
Country: Austria
Karl Wlaschek net worth: Karl Wlaschek is the founder of the Austrian supermarket chain Billa who has a net worth of $4.7 billion. In 1996, Karl Wlaschek sold his retail chain to the German REWE Group for around $1 billion. Ever since, he has made heavy investments in prime real estate and thus became one of the biggest private real estate owners in the country. Among other properties, his real estate company called Amisola bought one of the top-drawer hotels in Austria, the Schlosshotel Velden at the Worther See in Carinthia. This hotel had more worth in Wlaschek's eyes because he had an emotional connection to the place: In the early 1950s, when he was a poor musician, he and his band played at the hotel for two seasons. At the time, he was a jazz pianist whose stage name was Charlie Walker. Unfortunately, the hotel has suffered significant losses in recent years due to mismanagement. More details about his incredible life story, can be found in his authorized biography titled "Karl Wlaschek: A Success Story." Apart from being one of the richest Austrians residing in Vienna, he is widowed and has two children.
Karl Wlaschek (born August 4, 1917, Vienna) is the founder of the Austrian supermarket chain BILLA. According to the magazine "Trend", Mr. Wlaschek is one of the 5 richest Austrians. In 1996 he sold Billa for 1.1 billion euros.

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Karl Wlaschek Latest News

Austrian Tycoon Karl Wlaschek Dies At The Age Of 97 – Former Jazz Pianist And Rags To Riches Multi-Billionaire

Karl Wlaschek, an Austrian businessman who worked as a jazz pianist many, many years ago, well before he made his billion-plus-dollar fortune in the retail business. When I say "many, many years ago," ...
Posted: June 1, 2015, 4:59 pm

Notable deaths last week

He was 86. • Karl Wlaschek, a former barroom pianist whose ventures in discount retailing and real estate, combined with longevity, made him the world's third-oldest billionaire and one of the richest ...
Posted: June 6, 2015, 6:06 pm

BILLA AG - Supermarket

The young Karl Wlaschek founded in 1953, the discount perfumery chain WKW (commodity trading Karl Wlaschek), which included 45 branches by 1960. Karl Wlaschek decided to transfer its successful ...
Posted: December 16, 2018, 12:00 pm
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