Oetker Group is one of the largest family-run businesses in Germany. A diversification in three business divisions characterizes the internationally operating company, which looks back on a history spanning more than 130 years.
It was founded in 1981 by the late August Oetker who passed away on January 10, 1918, in Bielefeld, Germany.
In this article, we will dive into the family’s finances to know the family’s net worth as well as how much their company is worth. Continue reading to find out.
Dr. Oetker family net worth
Dr. Oetker family is said to be one of the richest families in Germany. The family is said to have made enough fortune for themselves as far as their finances are concerned.
As it stands, the family is said to have an estimated net worth of $9.2 Billion.
How much is Oetker-Gruppe worth?
Oetker-Gruppe has been in existence for more than 100 years now. With more than 40,000 employees the company is said to make a yearly sales revenue of EUR 7.41 billion.
It could be recalled that, in 2014, the Oetker business empire was valued at $12 billion, and each of his eight children inherited an equal share of 12.5%, or about $1.5 billion