Axel Oberwelland Explained

Axel Oberwelland
Birth Date:1 August 1966
Birth Place:Bielefeld, West Germany
Education:University of St. Gallen
Known For:Owner, August Storck
CEO, August Storck
Term:2003-
Spouse:Bergit Oberwelland
Children:4
Relatives:August Oberwelland (great-grandfather)

Axel Oberwelland (born 1 August 1966) is a German billionaire heir and businessman, the owner of the confectionery manufacturer August Storck, founded by his eponymous great-grandfather in 1903.[1] The company is best known for its brands Werther's Original, Riesen and Toffifee.[2]

Early life

Axel Oberwelland was born on 1 August 1966 in Bielefeld,[3] [4] the son of Klaus Oberwelland (born 1937), who took over the company in 1971 and resigned in 2003,[5] and is the grandson of Hugo Oberwelland (1901–1978), who managed the company since 1921.[1]

He went to high school in Bielefeld, followed by a boarding school near St. Moritz, Switzerland, and then studied business at the University of St. Gallen, Switzerland.[2] [4]

Career

He has led the company since his father Klaus Oberwelland retired on Storck's 100th anniversary in 2003.[1]

In April 2018, his net worth was estimated at $3.9 billion.[1]

Personal life

He is married to Bergit Oberwelland (née Reber), with four children, and lives in Berlin, Germany.[1] [4]

He is the brother of film producer Timm Oberwelland (born 1969), husband of businesswoman Anna Oetker-Oberwelland,[6] and the brother of Maike Oberwelland-Height.[7]

Notes and References

  1. Web site: Forbes profile: Axel Oberwelland . forbes.com . 28 January 2021.
  2. Web site: Axel Oberwelland Net Worth, Achievements & Personal Life. busytape.com . February 22, 2022. April 5, 2023.
  3. Web site: Süßwarenhersteller: Das bittere Nasch-Erbe von Storck-Chef Axel Oberwelland. wiwo.de. 2016-09-10.
  4. Web site: Bloomberg Billionaires Index: Axel Oberwelland. Bloomberg LP. 21 April 2018.
  5. Web site: Our history. storck.com. 5 April 2023.
  6. Web site: Axel Oberwelland. manager-magazin.de. 8 October 2012. 5 April 2023.
  7. Web site: Maike Oberwelland-Height. Forbes. 8 June 2024.