30 Wealthiest People in Germany

3. Reinhold Wuerth & family

Net Worth as of June 7: $34.1 billion

Reinhold Wuerth joined his father’s wholesale screw business in 1949 as the first apprentice of the company. He took over the company in 1954 and today his company has annual sales of more than $16 billion. His business, the Wuerth Group has over 400 companies and 83,000 employees. Reinhold now serves as the chairman of its supervisory board after his retirement in 1994. His daughter, Bettina Wuerth is the chairwoman of the group.