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Grizzly Bulls’ Billionaires Index

⬅ # 554 Wolfgang Reimann|# 556 Matthias Reimann-Andersen ➡

# 555 Renate Reimann-Haas 

$5.45B

Real Time Net Worth
as of 7/25/2024

# 555 Renate Reimann-Haas 

$5.45B

Real Time Net Worth
as of 7/25/2024
OccupationCo-owner, JAB Holding Company
Source of WealthConsumer Goods
Age72
ResidenceVienna, Austria
Age-Adjusted Net Worth$2.42B
Renate Reimann-Haas
Renate Reimann-Haas
Germany
Net worth: $5.45B

Self-Made Score 

Wealth History

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Biography

Overview

Renate Reimann-Haas was born on October 8, 1951, and is a German-Austrian entrepreneur and heiress.
She owns a quarter of JAB Holding Company, a Luxembourg-based investment firm.
In 1984, upon her father's death, Renate inherited 11.1% of JAB, later joined by her half-siblings Wolfgang, Stefan, and Matthias Reimann-Andersen.
Renate Reimann-Haas holds a doctorate in chemistry and worked at the Max Planck Institute for Medical Research until the mid-2000s.
She co-founded the non-profit Benckiser Stiftung Zukunft in 2005.
Renate Reimann-Haas is married, has three children, and acquired Austrian citizenship in 2006.

JAB Holding Company

Overview
JAB Holding Company is a Luxembourg-based conglomerate, encompassing investments in various sectors including consumer goods, coffee, luxury fashion, and fast food.
Their portfolio includes minority stakes in companies like Reckitt Benckiser and majority stakes in brands such as Coty, Peet's Coffee, and Caribou Coffee.
JAB has made significant acquisitions, including Keurig Green Mountain, Krispy Kreme, and Panera Bread.
They expanded into the pet care sector with acquisitions like Compassion-First Pet Hospitals.
JAB's beverage empire is notable, with ownership of several coffee chains and brands like Stumptown Coffee and Intelligentsia Coffee & Tea.
In 2018, JAB acquired a majority stake in Dr Pepper Snapple Group, owning 87% of the combined companies.

Ownership
Originally, nine children inherited 11.1% ownership in JAB, which later consolidated to four: Renate Reimann-Haas, Wolfgang Reimann, Stefan Reimann-Andersen, and Matthias Reimann-Andersen.
The primary shareholder of JAB is Agnaten SE, an Austrian-domiciled company listed as a subsidiary of Joh. A. Benckiser GmbH, the investment vehicle of the Reimann family.
The Reimann family's wealth stems from chemist Ludwig Reimann's partnership with Johann Adam Benckiser in 1828.
Ethical concerns arose regarding the family's historical ties to Nazism, with revelations of their support for Hitler and profiting from forced labor.
In response, the family renamed their foundation after a Jewish victim of the Holocaust, doubling its budget to fund projects honoring Holocaust victims.

How long would it take you to become as rich as Renate Reimann-Haas?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Renate Reimann-Haas's net worth of $5.45B.

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 52.22% compared to 16.62% for the S&P 500 benchmark.

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Renate Reimann-Haas 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 Renate Reimann-Haas, 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