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#53 Billionaire

Reinhold Wuerth & family

Reinhold Wuerth & family
$36.4B
$-576M (-1.6%)
DE · Age 90
Source of wealth: Fasteners
Industry: manufacturing
Residence: Kuenzelsau
{ "bio": [ "Reinhold Wuerth entered his father's wholesale screw business in 1949, at age 14, as the company's second employee and first apprentice.", "He took the reins in 1954 and honed a competitive advantage by delivering goods directly to customers on construction sites and in mechanical shops.", "Today, with annual sales of over $16 billion, the Wuerth Group has more than 400 companies and 83,000 employees around the world.", "Reinhold retired in 1994, but he still serves as chairman of the supervisory board of the Wuerth Group's family trusts.", "Daughter Bettina Wuerth is chairwoman of the advisory board of Wuerth Group." ], "about": [ "Wuerth's vast art collection, consisting of more than 18,500 pieces, began with an Emil Nolde watercolor painting acquired in 1964.", "An avid aviator, Wuerth was president of a German flying club for nearly 25 years." ] }

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