⬅ # 215 Michael Rubin|# 217 Charles Butt

# 216 Friedhelm Loh 


Real Time Net Worth
as of 5/18/2024
-$73.5M (-0.68%)

# 216 Friedhelm Loh 


Real Time Net Worth
as of 5/18/2024
-$73.5M (-0.68%)
OccupationChair, Friedhelm Loh Group
Source of WealthManufacturing
ResidenceHaiger, Germany
Marital StatusMarried
Age-Adjusted Net Worth$3.41B
Friedhelm Loh
Friedhelm Loh
Net worth: $10.8B

Self-Made Score 

Wealth History

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Early Life and Inheritance

Friedhelm Loh is a German billionaire who inherited his business from his father, Rudolf Loh.
Rudolf Loh, Friedhelm's father, was the inventor of the first mass-produced enclosures for electrical control systems.
The business, which later became the Friedhelm Loh Group, was founded in 1961 by Rudolf Loh.

Business Overview

Friedhelm Loh is the head of the Friedhelm Loh Group, a German manufacturing and services group.
The group, headquartered in Haiger, Germany, provides software, products, and services to industries, including switchgear manufacturing and utilities.
Rittal, the largest company within the group, supplies electrical enclosures, climate-control technology, power-distribution gear, and IT infrastructure.

Group Overview

As of the latest available information, the group has continued to grow, employing over 12,000 people and achieving an annual revenue of around $3 billion.
The group's major companies include Rittal, EPLAN, Cideon, LKH, Stahlo, and German Edge Cloud.
Rittal offers a range of products, including enclosures, power distribution systems, IT infrastructure, software, and services.
Other companies within the group specialize in areas such as steel service centers, Computer Aided Engineering (CAE) software, plastic products, engineering process services, and cloud computing.

Global Presence

The Friedhelm Loh Group has a significant global presence with offices and production centers worldwide.
It operates over 100 global subsidiaries and has established itself as a key player in various industries.

How long would it take you to become as rich as Friedhelm Loh?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Friedhelm Loh's net worth of $10.8B.

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 42.76% compared to 11.89% for the S&P 500 benchmark.

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Friedhelm Loh 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 Friedhelm Loh, Manufacturing 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