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

The world's billionaires, according to Forbes magazine

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Posted: March 8, 2007, 4:01 am

Karl Wlaschek passed away

According to media reports the Austrian billionaire and Billa founder Karl Wlaschek has died at the age of 97 years in Graz on Sunday. In the 1950s, Wlaschek successfully managed and expanded his chai...
Posted: June 8, 2015, 5:00 pm

Karl Wlaschek, Billionaire Jazz Pianist and Real Estate Tycoon, Dies at 97

The world's third oldest billionaire--and perhaps the only jazz pianist to make three commas--Austria's own Karl Wlaschek has died at 97. Though he made a name for himself in jazz, it was his retail a...
Posted: June 4, 2015, 2:48 pm
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