⬅ # 281 Tanya Saadé Zeenny|# 283 Beto Sicupira

# 282 Alexander Otto 


Real Time Net Worth
as of 6/14/2024
$2.9M (0.03%)

# 282 Alexander Otto 


Real Time Net Worth
as of 6/14/2024
$2.9M (0.03%)
OccupationPartial Owner, Otto Group
Source of WealthReal Estate
ResidenceHamburg, Germany
Marital StatusMarried
EducationMBA, Harvard Business School; BS, Harvard College
Age-Adjusted Net Worth$11.6B
Alexander Otto
Alexander Otto
Net worth: $8.86B

Self-Made Score 

Wealth History

Hover or tap to reveal net worth by year
Loading Chart


Early Life and Family

Date of Birth: July 7, 1967
Father: Werner Otto, founder of the Otto Group
Mother: Maren Otto (third wife of Werner Otto)
Stepmother: Maren Otto
Half-sister: Katharina (Maren's daughter)
Education: Bachelor's degree from Harvard College, MBA from Harvard Business School

Professional Career

Joined family business in 1994
Part-owner of Otto Group, a conglomerate with over 40 companies in retail, real estate, and financial services
Majority shareholder and CEO of ECE Group, specializing in commercial real estate, particularly shopping centers
Invested in Deutsche EuroShop in 2001, becoming a shareholder
Member of the supervisory boards of Otto Group, Deutsche EuroShop AG, and SITE Centers in Cleveland/USA

Business Ventures

Otto Group has revenues exceeding $15 billion
ECE Group focuses on shopping centers
Invested in Paramount Group, a U.S.-based office property management company
Shareholder of publicly-traded Deutsche EuroShop since 2001

Personal Life

Married to Dorit Otto

How long would it take you to become as rich as Alexander Otto?

If you started with $10,000 and invested an additional $500 each month at a 43.94% CAGR, it would take you 5 years to reach Alexander Otto's net worth of $8.86B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 43.45% compared to 12.43% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Alexander Otto is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Alexander Otto, Real Estate is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey