Michael Otto is the head of the German Otto Group, the largest mail order company in the world with a turnover of 24 billion US dollars in fiscal 2003. How rich is Michael Otto?
Entrepreneur. Born on April 12, 1943 in Chełmno, Poland. Michael Otto fortune is estimated at around 3 billion euros. The Otto Group was founded in 1949 by his father, the late Werner Otto, as a mail order company in Hamburg. Otto and his family own extensive real estate in Canada and the United States, shopping malls in Germany, and part of the home improvement chain Crate & Barrel. He is also a member of the World Future Council.
Bourgeois name: Michael Otto
Spouse: Christl Otto (married 1969)
Children: Janina Özen-Otto, Benjamin Otto
Siblings: Frank Otto, Alexander Otto, Ingvild Goetz, Katharina Otto-Bernstein
Michael Otto size: 1.76 m
His career began: 1971
What is Michael Otto’s net worth?
Michael Otto’s assets are currently € 3 billion.
Training: University of Hamburg, Technical University of Munich
Is also often searched for: Alexander Birken, Stefan Quandt, Dieter Schwarz, Susanne Klatten.
Visit Updated Ideas for more useful and informative articles!