Age, Biography and Wiki

Michael Otto (businessman) was born on 12 April, 1943 in West Prussia, is a businessman. Discover Michael Otto (businessman)'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 80 years old?

Popular As N/A
Occupation Head of Otto Group
Age 81 years old
Zodiac Sign Aries
Born 12 April 1943
Birthday 12 April
Birthplace Chełmno (Kulm), Reichsgau Danzig-West Prussia
Nationality Russia

We recommend you to check the complete list of Famous People born on 12 April. He is a member of famous businessman with the age 81 years old group.

Michael Otto (businessman) Height, Weight & Measurements

At 81 years old, Michael Otto (businessman) height not available right now. We will update Michael Otto (businessman)'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
Family
Parents Werner Otto (father)
Wife Not Available
Sibling Not Available
Children 2

Michael Otto (businessman) Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Michael Otto (businessman) worth at the age of 81 years old? Michael Otto (businessman)’s income source is mostly from being a successful businessman. He is from Russia. We have estimated Michael Otto (businessman)'s net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

2003

They were the former owners of Spiegel, Inc. (the parent company of Eddie Bauer and former owners of Spiegel catalog), which filed for bankruptcy on 17 March 2003. On 25 May 2005, Spiegel, Inc. emerged from bankruptcy, was renamed Eddie Bauer Holdings, and is now owned primarily by Commerzbank. The Otto Group no longer has any stake in the company.

1993

Otto and his family own extensive real estate in Canada and in the United States, shopping centers in Germany and part of home-furnishings chain Crate & Barrel. Known as a committed environmentalist, his company has long touted environmentally safe products. In 1993, he created the Michael Otto Foundation (German: Michael Otto Stiftung). This foundation played, and is still playing, an important role in furthering multi-stakeholder dialogue on hot environmental issues. Otto is also a member of the World Future Council.

1949

Otto Group was founded by his father, the late Werner Otto, as a mail-order business in Hamburg in 1949.

1943

Michael Otto (born 12 April 1943), is the chairman of the supervisory board of Germany's Otto Group, one of world's largest mail order company, with €15.6 billion in 2021.

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