Michael Otto Net Worth

$16,000,000,000

With a staggering net worth of $16 billion, Michael Otto reigns as a famous German businessman. As the head of the world’s largest mail order company, Otto Group, he has established his prominence in the business world.

Key facts:

Michael Otto is the head of the German conglomerate, Otto Group, which is the world's largest mail order company.
His company holds the second largest position for online retailers, just behind conglomerate Amazon.com.
Michael Otto's family owns a large amount of real estate in the United States and Canada, including the shopping center chain, Crate & Barrel.
He is known for his interests in environmentally-friendly ventures and has created a number of 'green' products through his companies.
In 1993, he founded the Michael Otto Foundation, which helps multi-million dollar companies invest in environmentally friendly issues.
Michael Otto has earned two doctorate degrees, one from the University of Hamburg and the other from the University of Munich.
He is married and a father of two.

Basic Information About Michael Otto

Category	Business › Billionaires
Professions	Businessperson, Environmentalist
Net worth	$16,000,000,000
Date of birth	1943-04-12 (83 years old)
Place of birth	Chełmno
Nationality	Germany
Gender	Male
Social Media	↗︎ Wikipedia