The richest Germans in 2024, by assets
Reinhold Würth & Family were ranked as the wealthiest people in Germany in 2024, according to Forbes, with assets amounting to 37.4 billion U.S. dollars. The billionaire built the Würth screw trading company into one of the largest family businesses in the world. Klaus-Michael Kühne follows in second place. Among other things, he is the majority owner of the logistics company Kühne + Nagel International AG.
Who are the richest people in Germany?
Karl Albrecht Jr. is the owner of the popular discount grocery store chain Aldi Süd. As of 2022, there were over 2,000 Aldi Süd stores in Germany, this, of course, does not include all the stores in other countries such as Ireland, the United Kingdom, and Australia, just to name a few. Dieter Schwarz is the owner of the Schwarz Gruppe, which owns both the supermarket chains Kaufland and Lidl. In 2023, the Schwarz Gruppe had a revenue of around 56.55 million euros.
German salaries
Germany, currently, has the highest GDP in Europe. However, this does not mean that everyone in Germany is a billionaire. The average salary is, in fact, around 48,300 euros. Although the trend is that German salaries have been on the rise since 2000, there has been a dip since 2019. This is probably due to the COVID-19 pandemic and the inflation of 2022.
