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Otto Beisheim

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Otto Beisheim
Born(1924-01-03)January 3, 1924
Germany
DiedFebruary 18, 2013(2013-02-18) (aged 89)
Germany
NationalityGerman
OccupationBusinessman

Otto Beisheim (3 January 1924 – 18 February 2013[1]) was a German businessman and founder of Metro AG. In 2010, his net worth was estimated at US $3.6 billion.[2]

During World War II Beisheim served in the SS Division Leibstandarte.[3] Beisheim was a SS-Sturmmann (corresponds private) in an artillery regiment of the Leibstandarte.[4]

After the war, Beisheim went into 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 5.2% of the shares of Metro AG to various national and international investors; a further 3.1% could be sold.[5] The WHU-Otto Beisheim School of Management, in Koblenz is named after him.[6][7][8]

References

  1. ^ Julie Cruz (18 February 2013). "Metro's Billionaire Founder Otto Beisheim Dies, Aged 89". Bloomberg.
  2. ^ "#249 Otto Beisheim". Forbes. 10 March 2010.
  3. ^ Metro Gründer:Otto BEisheim ist tot Der Spiegel
  4. ^ taz: Beisheim darf Schulnamen doch kaufen, 16. November 2005
  5. ^ Lesova, Polya. "Otto Beisheim sells 5.2% stake in Metro AG". MarketWatch. Retrieved 30 June 2020.
  6. ^ "Schriftenreihe - WHU – Otto Beisheim School of Management". www.whu.edu. Retrieved 30 June 2020.
  7. ^ "Archived copy". Archived from the original on 24 November 2010. Retrieved 19 March 2010.{{cite web}}: CS1 maint: archived copy as title (link)
  8. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 30 June 2020.
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