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Friedhelm Loh Net Worth

Friedhelm Loh Net Worth

Net Worth: $2.5 Billion

Statistics
  • Source of Wealth Manufacturing
  • Birth Place Germany
  • Marital Status Married
  • Full Name Friedhelm Loh
  • Nationality Germany
  • Date of Birth August 16, 1946
  • Ethnicity German
  • Occupation Businessman
  • Children 3
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About Friedhelm Loh

German businessman Friedhelm Loh has an estimated net worth of $2.5 billion as of April 2016 according to Forbes. In addition to being the owner, Loh also serves as the Chairman of Friedhelm Loh Group, a position he has been serving since 2006. Also, he serves as Vice President of BDI as well as Central Association of the Electrical and Electronics Industry’s president.

After obtaining a second-chance education in Business Administration, Friedhelm Loh started working for some companies in the metal processing and electrical installation industry. It was in 1974 when he took over the management of Ritto Rittal which hired 200 employees then. Today, Friedhelm Loh Group employs around 11,600 employees, 10,000 of which are working for Rittal. The Loh Group encompasses numerous companies in the steel and technology industries.

Currently based in Germany, this 66-year old businessman is currently married with three children.