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#190 Billionaire

Friedhelm Loh

Friedhelm Loh
$13.7B
$-51M (-0.4%)
DE · Age 79
Source of wealth: Manufacturing
Industry: manufacturing
Residence: Haiger, DE
{ "bio": [ "Friedhelm Loh's group of companies provides software, products and services to industries including switchgear manufacturing and utilities.", "His largest company, Rittal, supplies electrical enclosures, climate-control technology, power-distribution gear and IT infrastructure.", "He inherited the business from his father, Rudolf, who invented the first mass-produced enclosures for electrical control systems.", "Today, the group has over 12,000 employees, 100 global subsidiaries and annual revenue of around $3 billion." ], "about": [ "Loh collects antique cars and publishes religious literature through his Christian Media Foundation.", "In 2011, he committed $6.8 million to establish the Rittal Foundation, supporting educational, social and scientific projects." ] }

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