Nicolas Puech, the 80-year-old heir of Hermes, one of the world's largest fashion companies, has chosen the person to whom he will leave at least half of his $12 billion fortune. Puech's decision stunned his family.
He has been determined who will replace Warren Buffett as CEO of the $862 billion Berkshire empire: Greg Abel. So, will the 61-year-old manager be able to fill the legend's shoes? In June 2022, he sold his 1% stake in Berkshire Hathaway Energy for $870 million.
Born in Nuremberg, the son of a warehouse clerk, Grundig grew up under harsh conditions. When Max's father died when he was twelve, his mother took up factory work for a low wage to support herself and her four siblings.
His wealth increased during the Nazi period: within the framework of the "Aryanization" of the German economy, he bought companies that were no longer run by Jewish citizens very cheaply. He assumed control of mining companies in all European countries occupied by Germany during the Second World War.
The German industrial executive joined the Krupp Steel Company, which had been the "nation's gunsmith" in both wars, in 1953 and quickly managed to turn the company into an international business.
After the Second World War, German businesswoman Uhse overcame many obstacles and founded the largest national sex material mail sales company, identified with the name "Beate Uhse".
With the Migros he founded, the Swiss entrepreneur created a company that is an example of a cooperative. In 1941, he gifted his company to his customers by distributing its shares. Born in Zurich, Duttweiler was the child of a peasant family.
American entrepreneur Smith was the first person to break the postal monopoly and founded Federal Express (FedEx), a private letter and parcel delivery service, in 1972.
Forbes first crossed the USA with his Harley-Davidson motorcycle. He also became a passionate balloonist. When he successfully flew over the USA in a balloon at the age of 53, he not only advertised himself but also broke several world records and won many awards in the field of aviation.
Benetton, an Italian entrepreneur and businessman, created a network of fashion stores that spanned the globe. Benetton, unlike all fashion designers, attracted attention to his products with his suspicious advertising campaigns.
