$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."
]
}