Matthias Reimann-Andersen Net Worth
Matthias Reimann-Andersen, a German businessman, has a net worth of $3.5 billion. He inherited 11.1% of Investmentholding Joh. A. Benckiser s.à.r.l (JAB) along with eight other heirs. After five heirs divested their shares, Matthias and three other siblings were left sharing a 95% interest in the company. JAB invests in luxury goods, as well as coffee and tea. However, Matthias Reimann-Andersen is only a shareholder, just like his other siblings, and is not involved in the day-to-day management of JAB or the activities of its portfolio companies.
The family’s wealth is tied to well-known brands such as Jimmy Choo shoes, Calvin Klein fragrances, Durex condoms, and Peet’s coffee. The story of the family’s riches dates back to 1928 when chemist Ludwig Reimann joined Johann Adam Benckiser in the chemical business. Later, the business was inherited by Matthias Reimann-Andersen and eight other heirs.
JAB has constantly invested in luxury goods, coffee, and tea, and has evolved as a company. However, Matthias Reimann-Andersen, along with his siblings, is only a shareholder in the company and not involved in its day-to-day management or the activities of its portfolio companies.
