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Grizzly Bulls’ Billionaires Index

⬅ # 546 Mikhail Lomtadze|# 548 Stefan Reimann-Andersen ➡

# 547 Matthias Reimann-Andersen 

$5.84B

Real Time Net Worth
as of 6/29/2024

# 547 Matthias Reimann-Andersen 

$5.84B

Real Time Net Worth
as of 6/29/2024
OccupationCo-owner, JAB Holding Company
Source of WealthConsumer Goods
Age59
ResidenceMunich, Germany
Age-Adjusted Net Worth$6.25B
Matthias Reimann-Andersen
Matthias Reimann-Andersen
Germany
Net worth: $5.84B

Self-Made Score 

Wealth History

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Biography

Overview

Matthias Reimann-Andersen is a descendant of chemist Ludwig Reimann, who co-founded a chemical company with Johann Adam Benckiser in 1828.
Upon the death of their father in 1984, Matthias and eight other heirs each inherited 11.1% of JAB Holding Company s.à.r.l (JAB).
Five heirs divested their stakes, leaving Matthias and three siblings with a combined 95% ownership of JAB.
Matthias Reimann-Andersen's personal fortune is closely associated with brands like Jimmy Choo, Calvin Klein, Durex, and Peet's Coffee.
He is not involved in the day-to-day management of JAB or its portfolio companies.

JAB Holding Company Overview

JAB Holding Company is a German conglomerate headquartered in Luxembourg, with investments in consumer goods, coffee, luxury fashion, animal health, and fast food.
Its portfolio includes minority stakes in Reckitt Benckiser and majority stakes in Coty, Peet’s Coffee & Tea, Caribou Coffee Company, and Jacobs Douwe Egberts (JDE).
JAB has acquired various brands, such as Jimmy Choo, Bally, Belstaff, and Panera Bread.
In 2016, JAB and other investors acquired Keurig Green Mountain for $13.9 billion.
In 2017, JAB acquired US-based Panera Bread for $7.5 billion and announced the acquisition of Bruegger's Bagels.
In 2019, JAB expanded into the pet care sector with the acquisition of Compassion-First Pet Hospitals and National Veterinary Associates.

Ownership Structure

90% of JAB belongs to four of the nine adopted children of the late Albert Reimann Jr., with the Reimann family tracing its wealth back to chemist Ludwig Reimann.
Initially, each of the nine children inherited 11.1% ownership in JAB in 1984.
Five heirs sold their stakes, leaving Matthias and three siblings with significant ownership.
The primary shareholder of JAB is Agnaten SE, listed as a subsidiary of Joh. A. Benckiser GmbH, the investment vehicle of the Reimann family.
Ethical questions have arisen regarding the family's historical support of Adolf Hitler and the Nazi party, as well as their profiting from forced labor.
The family has taken steps to acknowledge and address this history, including renaming their family foundation and increasing its budget to fund projects honoring Holocaust victims.

How long would it take you to become as rich as Matthias Reimann-Andersen?

If you started with $10,000 and invested an additional $500 each month at a 44.06% CAGR, it would take you 5 years to reach Matthias Reimann-Andersen's net worth of $5.84B.

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 48.24% compared to 16.19% for the S&P 500 benchmark.

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Matthias Reimann-Andersen 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 Matthias Reimann-Andersen, Consumer Goods 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