Reinhold Wuerth and family have a net worth of $35.1 billion. The billionaire joined his father’s screw business in 1949 when he was 14 years old. He was the second employee at the company and was admitted as the first apprentice.
Reinhold Wuerth took over the management of the company in 1954. The company was delivering goods directly to customers’ construction sites. They were also delivering the goods to the mechanical shops.
The company makes $16 billion in annual sales. The Wuerth Group owns more than 400 companies and employs 83,000 people globally.
In 1994, Reinhold retired from the company. However, he still serves as the chairman of the supervisory board of the Group of companies.
Currently, Bettina Wuerth whose is the daughter of the company founder is the chairperson of the advisory board.
The family are art collectors. They owns an excess of 18,500 pieces. They started their collection with water color painting by Emil Nolde in 1964. They now have a large collection.
Reinhold Wuerth is an aviator and served as president of German flying club for nearly 25 years.
Reinhold Wuerth owns a megayacht which is named Vibrant Curiosity. The yacht features 5 double suites, two double cabins, VIP suite as well as a master stateroom.
The mega yacht also features a helipad on the top deck. The yacht was acquired at a cost of $111 million and can accommodate 14 guests and 26 crew members.
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