German philanthropist and publisher Monika Schoeller has an estimated net worth of $1.05 billion as of March 2013 according to Forbes.

Goethe-Plakette für Monika Schoeller von Holtzbrinck

German publishing house, Holtzbrinck Group, was experiencing a very tough time, which led to a significant decline in Schoeller's net worth. Holtzbrinck Group owns publishing companies like Straus & Giroux, Henry Holt, St. Martin's Press  and Farrar. In the past year, Monika Schoeller's net worth declined by $1 billion due to a 40% decline on Holtzbrinck Group's net worth. On the other hand, the group's revenue decreased by 4%. She currently serves as the head of S. Fischer Verlag, a book publishing company which was founded in 1886.