• Germany edition
 
500 richest Germans top Swiss GDP
Photo: DPA

500 richest Germans top Swiss GDP

Published: 09 Oct 2012 08:59 GMT+02:00
Updated: 09 Oct 2012 08:59 GMT+02:00

The family behind German discount supermarket giant Aldi once again topped this year’s German billionaires, the list published Tuesday in Manager Magazin showed.

With a fortune worth €17.2 billion, the family of 92-year-old Karl Albrecht, who founded the company with his late brother Theo, took the No. 1 spot, while Theo Albrecht‘s sons Berthold and Theo Jr were in second place with a combined fortune of €16 billion.

But the co-founder of software company SAP, Hasso Plattner, saw the biggest gains in the past 12 months - the value of his assets increased by €900 million to nearly €6 billion.

The number of billionaires in Germany also reached a new peak in 2012, with 115 compared to 108 the previous year.

Meanwhile, the debt crisis wreaking havoc across the eurozone hasn’t shaken the super-rich. Germany’s wealthiest 100 citizens saw the value of their assets rise more than 4 percent – putting the figure closer to 2008’s record.

With the exception of those whose fortunes were made in the retail and financial sectors, nearly all branches of German business saw their wealthiest proprietors build on their riches.

But not all of the country’s billionaires had a good year. The family behind the bankrupt Schlecker drugstore chain was left with less than €40 million after seeing its fortunes drop by €1.92 billion, making it the biggest loser on this year’s list.

The Local/arp

The Local (news@thelocal.de)

Your comments about this article

10:14 October 9, 2012 by Berlin fuer alles
A lot of this being paid for by austerity in the German job market, Greece, Ireland, Portugal, Spain and with the courtesy of Angie and her buddies.
10:30 October 9, 2012 by hankeat
Beside many average (poor?) people like to give their money to millionaires through buying overpriced branded products and paying overpriced tickets.
11:19 October 9, 2012 by smart2012
question here is "so what?"

If you go to Africa there will be super rich people who are getting richer every day (even if the economical stuaiton in Africa in average is not of prosperity..) in Greece this is the same.

The question I would have is where those super rich people are investing theior money, and u will easily see that their money are in direction of Russia/China/Brazil/India/Dubai...BILD type of article
12:55 October 9, 2012 by bobmarchiano
Those super rich should be paying there workers at Aldi a living wage.
14:52 October 9, 2012 by LecteurX
I would like to see the link to the original survey. The figures and notions used in the article mean different things. The "total value" of the "assets" or "fortune" of these rich Germans is what it is... their wealth as of today, ie the result of many years, or decades, of work, like the Karl Albrecht, who is 92, and his brother, who recently died, aged 88. They had created their company just after the war, so their enormous "assets" are the result of 65 years at the helm of their successful company.

What's the point of comparing that with the GDP of any country? GDP means the amount of money generated in one country *within a year*. Surely, it would make much more sense to compare a country's GDP with people's annual revenues, rather than measuring up apples and oranges.
18:24 October 9, 2012 by Englishted
On whose back are these riding the "tough path" ?
15:10 October 10, 2012 by hbrodie
the total value of assets belonging to the 500 wealthiest Germans IS Switzerland¦#39;s GDP
Today's headlines
Germany gets €780m EU rebate for poor growth
Photo: DPA

Germany gets €780m EU rebate for poor growth

Germany will get an early Christmas present of around €779 million from the EU, thanks to weaker than expected GDP growth. READ  

Stay inside after blast, Ludwigshafen told
Photo: DPA

Stay inside after blast, Ludwigshafen told

It will take several days to find out what caused a massive explosion on Thursday which rocked a town on the Rhine, killing a builder and injuring 26 others. READ  

German helicopter fleet 'not fit for Nato'
An NH90 helicopter. Photo: DPA

German helicopter fleet 'not fit for Nato'

Germany's fleet of NH90 helicopters is undergoing engineering checks after one of them suffered a serious engine failure, in the latest blow to the country's military capabilities. READ  

Ex-boss of Berlin Airport farce gets €1.2m
Rainer Schwarz at a court hearing in September into the case. Photo: DPA

Ex-boss of Berlin Airport farce gets €1.2m

The man who was blamed for Berlin's miserable attempt to build a new airport must be paid more than €1 million - after being fired. READ  

Steinmeier challenges UN over Isis gas reports
Foreign Minister Frank-Walter Steinmeier and Kurds watching the attack on Kobane. Photo: DPA

Steinmeier challenges UN over Isis gas reports

Foreign Minister Frank-Walter Steinmeier pressed UN General Secretary Ban Ki-Moon to bring possible poison gas use by Isis in Iraq before the Security Council. READ  

Spring back in German consumers' step?
Photo: DPA

Spring back in German consumers' step?

Update: Consumer confidence in Germany has stopped falling, as households appear to be no longer fazed by concerns about the economic fallout from geopolitical crises, a new poll found on Friday. READ  

Ludwigshafen explosion kills one, injures 26
An eyewitness captured the moment of the explosion on their phone. Photo: DPA

Ludwigshafen explosion kills one, injures 26

UPDATE: One person has died and 26 others are injured after a huge explosion in Ludwigshafen, western Germany on Thursday. READ  

Germany has just ten Ebola beds
Photo: DPA

Germany has just ten Ebola beds

Doctors at high-level infectious disease clinics say that caring for patients with the Ebola virus is much more intensive than they first thought, meaning they can handle fewer cases at once. READ  

Refugee Crisis
Now Berlin turns to tents to house refugees
A refugee protests on the roof of the former Gerhart Hauptmann School in Berlin. Photo: DPA

Now Berlin turns to tents to house refugees

Berlin has turned to huge tents and shipping containers to shelter growing numbers of refugees. With winter approaching, city politicians have called on the federal government for help. READ  

Clueless Merkel forgets the F-word
Merkel suffers from Wortfindungsstörung at the IT summit in Hamburg. Photo: DPA

Clueless Merkel forgets the F-word

Angela Merkel's government is often criticized for its lack of understanding of all things digital and an appearance by the chancellor in Hamburg, which was supposed to change those perceptions, has only made things worse. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Photo: DPA
Gallery
PHOTOS: Huge explosion rocks Ludwigshafen
Photo: DPA/Shutterstock
Gallery
Which high school cliche is your German city?
Photo: DPA
Gallery
Storm hits southern Germany
Sponsored Article
An international school unlike any other : School on the Rhine
Photo: Fitzpatrick family
Society
'We still don't know what happened to Matthew'
Photo: Mariana Schroeder
Munich
Special Report: Hope and chaos at Munich's refugee shelters
Photo: DPA
Culture
Can you top our history quiz leaderboard?
Photo: DPA
Politics
UKIP ‘seeks EU pact’ with German satirical party
Photo: DPA/Shutterstock
Gallery
11 things Germans are afraid of...
Photo: DPA
Business & Money
JobTalk: All you need to know about working in Germany
National
Share news tips with The Local Germany
Sponsored Article
Bilingual education from nursery to graduation at Phorms
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

3,528
jobs available
Toytown Germany
Germany's English-speaking crowd