Daniela Herz-Schnoekel Explained

Daniela Herz-Schnoekel
Nationality:German
Known For:Tchibo
Spouse:married
Parents:Max Herz and Ingeburg Herz
Relatives:Michael Herz (brother)
Wolfgang Herz (brother)
Günter Herz (brother)

Daniela Herz-Schnoekel (born 1954)[1] is a German businesswoman, former part-owner of the German coffee shop and retail chain Tchibo.

Early life

Herz-Schnoekel is the daughter of Max Herz and Ingeburg Herz.[1] Her father co-founded Tchibo in 1949 with Carl Tchilinghiryan.

Family business

In the early 2000s, Daniela Herz-Schnoekel owned 19% of Tchibo, her brother Günter 20,6%.[2] In 2002, the pair pooled their Tchibo shares in the holding company Mayfair.[3] 2003, these three family members bought out Herz-Schnoekel and her brother, Günter Herz's 40% stake. Tchibo is 100% owned by three members of the Herz family, Herz-Schnoekel's mother and two of her brothers, Michael and Wolfgang Herz.

In 2020, she broke the Mayfair holding (which held 40% of the pasta chain Vapiano for example[4]), marking a historic separation with her brother, to focus her investments on real estate alongside her children.

Career

According to Forbes, Herz-Schnoekel has a net worth of $2.8 billion, as of May 2015.[1]

Personal life

Herz-Schnoekel is married, and lives in Hamburg.[1] In 2008, her brother Joachim died in a motorboat accident.[1]

Notes and References

  1. Web site: Daniela Herz. Forbes. 28 September 2020.
  2. Web site: 2011-11-16 . Der gestürzte Kaffeekönig - WELT . 2023-12-14 . DIE WELT . de.
  3. Web site: magazin . Martin Mehringer, manager . 2020-04-23 . Tchibo-Erben: Daniela Herz-Schnoeckel und Günter Herz trennen sich im Streit . 2023-12-14 . www.manager-magazin.de . de.
  4. Web site: 2018-11-28 . Warum läuft's bei Vapiano nicht mehr? . 2023-12-14 . bild.de . de.