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Michael Herz

Michael Herz

Michael Herz (#681)

Global Rank #681
Country Rank #53
Country Germany

Michael Herz is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 6 B
  • Coffee
  • Germany
  • M
  • 83 Years

Snapshot

Quick Facts

Global Rank #681
Country Rank #53
Net Worth $6.0B
Previous Worth $6.0B
Worth Change +$0.0B
Country Germany
Industry Coffee
Age 83 Years
Gender M
Worth As Of April 26, 2026
Last Refreshed 09 Sep 2026, 12:00 AM
Residence Hamburg, Germany
World Billionaires List Germany Billionaires Coffee

Profile Data

Personal Stats

Age 82
Source Of Wealth Coffee
Residence Hamburg, Germany
Citizenship Germany
Marital Status Married
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $6.0B
Current Net Worth $6.0B

Worth as of April 26, 2026

About Me

Michael Herz derives his fortune from two of Germany's most recognized companies: Tchibo and Beiersdorf, which he shares with his brother Wolfgang. Their father, Max, along with Carl Tchiling-Hiryan, founded Tchibo, which imports and sells coffee, in 1949. Max passed away in 1965. Tchibo expanded into retailing a range of other consumer goods and services including clothing and electronics. Family holding company maxingvest ag controls 100% of Tchibo and around 47% of the voting shares of Beiersdorf, whose brands include Nivea and Eucerin. Older brother Guenter and sister Daniela Herz-Schnoeckel were bought out in 2003.

Insights

Did You Know?

Max Herz came up the idea of opening stores where coffee could be both sipped and sold over the counter -- a forerunner to Starbucks.

A fourth brother, Joachim, died in a motorboat accident in 2008.

Wealth Growth

Net Worth Growth Over Time

Tracking Michael Herz's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $6.0B (April 26, 2026)

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