Otto Beisheim Net Worth is$2.6 Billion
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Date of Birth: Jan 3, 1924
Country: Germany, Switzerland
Otto Besheim was born in Essen, Germany and has an estimated net worth of $3.6 billion dollars. Otto Besheim is a businessman and the founder of Metro AG, a very successful globalised retail and wholesale corporation with wholesale and retail stores in 28 European countries, seven Asian countries, and two African countries.
Otto Beisheim (born 3 January 1924 in Essen) is a German businessman and founder of Metro AG.
In 2010, his net worth was estimated at US$3.6 billion; he is #249 on the Forbes list of billionaires.
According to journalist Michael Radtke, during World War II he served in the 1st SS Division Leibstandarte SS Adolf Hitler. According to a report in the Suddeutsche Zeitung, Otto Beisheim Sturmmann (equivalent to corporal) in the 1 SS Panzer Division was assigned to the Bavarian Ministry of Culture, according to the Ministry, he was probably not involved in atrocities. He has never publicly explained himself.
The first Metro Market, opened in November 1963 in Essen-Altenessen.
On 10 January 2004, Beisheim Center was officially opened on the northwest side of Potsdamer Platz in Berlin, built for 463 million euros, and including the Ritz-Carlton and Marriott chains.
In 2009, he sold sold 5.2% of the shares of Metro AG to various national and international investors; a further 3.1% could be sold.
The WHU-Otto Beisheim School of Management, in Koblenz is named for him.

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Otto Beisheim Latest News

METRO AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

On 8 August 2019 Prof. Otto Beisheim Foundation (Munich) notified us of the following: '[...] by letter dated 31 July 2019, we notified you according to Secs. 33, 34 of the German Securities Trading ...
Posted: August 7, 2019, 7:15 pm

Gen Z “more willing to pay” for content

Gen Z viewers are more willing to pay for high-quality content than older generations, according to a new study on the consumption of the Bundesliga by the WHU-Otto Beisheim School of Management. The ...
Posted: May 17, 2019, 2:59 am

Billionaire Shopper Is Happy to Wait in Line

With the holdouts (the Meridian Foundation and the Otto Beisheim Foundation) owning more than 20% of Metro’s shares, Kretinsky’s EP Global Commerce is unlikely to reach the 67.5% threshold for the ...
Posted: August 6, 2019, 8:07 am
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