Otto Beisheim
Otto Beisheim (born 3 January 1924 in Essen) is a German businessman and founder of Metro AG.
In 2010, his net worth was estimated at US$3.6 billion; he is #249 on the Forbes list of billionaires.[1]
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[edit] WWII
According to journalist Michael Radtke, during World War II he served in the 1st SS Division Leibstandarte SS Adolf Hitler.[2][3] According to a report in the Süddeutsche Zeitung, Otto Beisheim Sturmmann (equivalent to corporal) in the 1 SS Panzer Division was assigned to the Bavarian Ministry of Culture, according to the Ministry, he was probably not involved in atrocities. He has never publicly explained himself.
[edit] Business
The first Metro Market, opened in November 1963 in Essen-Altenessen.
On 10 January 2004, Beisheim Center was officially opened on the northwest side of Potsdamer Platz in Berlin, built for 463 million euros, and including the Ritz-Carlton and Marriott chains.
In 2009, he sold sold 5.2% of the shares of Metro AG to various national and international investors; a further 3.1% could be sold.[4]
[edit] Philanthropy
The WHU-Otto Beisheim School of Management, in Koblenz is named for him.[5][6][7]
[edit] References
- ^ http://www.forbes.com/lists/2010/10/billionaires-2010_Otto-Beisheim_SEMX.html?partner=contextstory
- ^ http://redblog.twoday.net/stories/1187584/
- ^ http://blogs.taz.de/schroederkalender/2006/08/22/otto-beisheim-kundigt-immer-fristlos/
- ^ http://www.marketwatch.com/story/otto-beisheim-sells-52-stake-in-metro-ag-2009-10-07
- ^ http://www.whu.edu/cms/index.php?id=433
- ^ http://www.topuniversities.com/university/322/whu-otto-beisheim-school-of-management---koblenz
- ^ http://rankings.ft.com/businessschoolrankings/kelloggwhu-otto-beisheim-school
- This article incorporates information from the revision as of 5 March 2010 of the equivalent article on the German Wikipedia.
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