⬅ # 582 Renate Reimann-Haas|# 584 Matthias Reimann-Andersen ➡

# 583 Stefan Reimann-Andersen 

$5.57B

Real Time Net Worth
as of 11/21/2024

# 583 Stefan Reimann-Andersen 

$5.57B

Real Time Net Worth
as of 11/21/2024
OccupationCo-owner, JAB Holding Company
Source of WealthConsumer Goods
Age61
ResidenceVienna, Austria
Age-Adjusted Net Worth$5.20B
Stefan Reimann-Andersen
Stefan Reimann-Andersen
Germany
Net worth: $5.57B

Self-Made Score 

TAG Heuer Formula 1 Quartz Chronograph

Wealth History

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Biography

Overview

Stefan Reimann-Andersen was born on July 13, 1963, into the family of Albert Reimann, the owner of Joh. A. Benckiser chemical company.
Upon Albert Reimann's death in 1984, Stefan inherited an 11.1% stake in JAB Holding Company along with eight other heirs.
Stefan Reimann-Andersen is an Austrian-German entrepreneur.
Stefan and three of his siblings collectively own 95% of JAB Holding Company, headquartered in Luxembourg.
The family initially lived in Ludwigshafen before relocating to Vienna in 2006 and then to Luxembourg.
The Reimann fortune is linked to brands like Pret A Manger, Krispy Kreme, Peet's Coffee, and Panera Bread.

Business Ventures

JAB Holding Company, founded in Luxembourg, operates in various sectors including consumer goods, coffee, luxury fashion, and fast food.
As of 2015, JAB owned majority stakes in Coty, Peet's Coffee & Tea, Caribou Coffee, and Jimmy Choo, among others.
JAB expanded its portfolio by acquiring Keurig Green Mountain for $13.9 billion in March 2016 and Krispy Kreme for $1.35 billion in May 2016.
In April 2017, JAB acquired Panera Bread for $7.5 billion, further diversifying its fast casual bakery-café chain holdings.
JAB ventured into the pet care sector in 2019 with the acquisitions of Compassion-First Pet Hospitals and National Veterinary Associates.
In February 2019, JAB spent $1.2 billion to acquire Compassion-First Pet Hospitals, aiming to become one of the largest players in the industry.

Ownership and Family History

Initially, upon Albert Reimann's death, each of the nine children inherited 11.1% ownership in JAB, but five heirs later sold their stakes to the remaining four.
Stefan Reimann-Andersen, along with three other siblings, collectively owns about $3.8 billion in JAB shares as of January 2015.
The Reimann family's wealth traces back to chemist Ludwig Reimann, who partnered with Johann Adam Benckiser in 1828, founding the chemical company.
The primary shareholder of JAB, as listed in its 2016 Consolidated Financial Statements, is Austrian-domiciled company Agnaten SE, a subsidiary of Joh. A. Benckiser GmbH.
The Reimann family faced scrutiny regarding their historical ties to Nazism and profiting from forced labor, prompting ethical discussions about consumer support for their businesses.
Several of the Reimanns revealed that their mother, Emilie Landecker, was the daughter of Alfred Landecker, a Jewish man deported during the Holocaust. The family has since renamed their foundation after him and increased its budget to honor Holocaust victims.

Stefan Reimann-Andersen's Wealth is Equivalent to:

4,284,065 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,052,980 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

56,876 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

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

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Stefan Reimann-Andersen's net worth of $5.57B.

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 58.67% compared to 23.91% for the S&P 500 benchmark.

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

Stefan 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 Stefan 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey