Rainer Schmidt-Ruthenbeck | |
Birth Place: | Germany |
Occupation: | 16% owner of Metro AG |
Relatives: | Michael Schmidt-Ruthenbeck (brother) |
Rainer Schmidt-Ruthenbeck (also spelled Reiner, born 1941) is a German billionaire businessman and, together with his brother Michael, owner of 16% of the retail group Metro AG.
He is the son of Wilhelm Schmidt-Ruthenbeck and Vera Ruthenbeck. His brother is Michael Schmidt-Ruthenbeck and his sister is Viola Schmidt-Ruthenbeck.
In the 1990s his family founded the Stiftung Mercator,[1] the Mercator Schweiz and the Karl Schmidt Family Foundation.[2]
On the Forbes 2016 list of the world's billionaires, he and his brother were ranked #722 with a net worth of US$2.4 billion.[3]
He lives in Duisburg, Germany.