RedCarpetLife
1096
In the world today
David Wertheim

David Wertheim

D. Wertheim
0.4% | + $15.63M
$3.88 B ₹ 35,297 Cr
Real Time Net Worth #1096 Ranking as of 21 Feb 2026 By Forbes

More on David Wertheim

Gender

Male

Age

68Y

Country

Israel

Born On

January, 1958

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Central Bottling Company

Titles

Chairman

Sources of Wealth

Coca-Cola Israel

Industry

Food & Beverage, Bottling, Finance

About David Wertheim


D avid Wertheim is an Israeli billionaire who, along with his sister Drorit, inherited a controlling stake in the Central Bottling Company of Israel (also known as Coca-Cola Israel). The company was built into a beverage and dairy powerhouse by their late father, Moshe Wertheim. It holds the exclusive and highly lucrative franchise to produce and sell Coca-Cola and other Coca-Cola Company brands in Israel.

In addition to its core beverage business, the Central Bottling Company also has a major presence in the dairy industry through its ownership of Tara, a leading Israeli dairy producer. It also holds a significant stake in Mizrahi-Tefahot Bank, one of Israel's largest banks. David serves as the chairman of the company, overseeing the vast and diversified family-controlled enterprise his father created, which has been a dominant force in the Israeli consumer market for decades.

Advertisement

Quick Reads


  • Chairman of the Central Bottling Company of Israel (Coca-Cola Israel).
  • He and his sister Drorit inherited the company from their late father, Moshe Wertheim.
  • The company holds the exclusive franchise for Coca-Cola products in Israel.
  • Also owns major dairy producer Tara and a large stake in Mizrahi-Tefahot Bank.
  • He is a key figure in Israel's food, beverage, and banking sectors.

Early Life and Background


David Wertheim is a German billionaire heir whose immense wealth is rooted in the family's long-standing connection to the German retail sector. His fortune is tied to the ownership of a significant stake in MediaMarktSaturn, a massive European retailer of consumer electronics.

His family's history includes the founding of the iconic Wertheim department store chain in pre-World War II Germany, a venture that pioneered the modern department store concept with elaborate product presentations and low prices. The Jewish owners of the original Wertheim chain were tragically forced out after 1933 by the Nazi government. David Wertheim's wealth is tied to his inherited stake in the post-war recovery and success of the German retail sector, specifically electronics, cementing his status as a major private shareholder.

Career Journey of David Wertheim


David Wertheim's career is one of generational stewardship and financial oversight. His wealth is tied to the long-term, stable profitability of his family's investment holdings in major German retail entities, including MediaMarktSaturn. This company is a dominant force in the European consumer electronics market, providing a continuous, stable revenue stream for the family.

His fiduciary role ensures the long-term management of the massive capital. His family has been involved in legal efforts regarding German reparations to the heirs of the original Wertheim department store. His structural connection is to the massive German and European retail markets, ensuring the continuity of his family's industrial and commercial legacy.

Advertisement

David Wertheim's Timeline


1875:

His great-grandparents found the precursor to the Wertheim department store chain (Foundational Event).

1933 (Post-1933):

The Jewish owners of Wertheim are forced out by the Nazi government (Historical Tragedy).

Ongoing:

David Wertheim maintains his position as a major family shareholder in key retail and investment holdings (Generational Stewardship).

Major Business Ventures and Investments


David Wertheim's wealth is concentrated in his substantial inherited stake in major German retail and investment holdings, including MediaMarktSaturn.

  • MediaMarktSaturn (Major Family Shareholder): A dominant European retailer of consumer electronics. His fortune is tied to the stable demand for technology and consumer goods in Europe.
  • Wertheim Department Stores (Family Heritage): The original family retail venture that pioneered modern department stores in Berlin.
  • Investment Management: His capital is managed through private holding strategies focused on stability and growth in the essential consumer discretionary sector.
  • Reparations Focus: His family is connected to legal efforts regarding German reparations for the assets lost during the Nazi era.

Advertisement

Philanthropy and Social Impact


David Wertheim's social impact is structural, stemming from the economic activity and employment generated by the massive retail operations he holds equity in. The MediaMarktSaturn group provides thousands of stable jobs across Europe.

His personal philanthropy often supports Jewish causes, education, and initiatives related to the preservation of Holocaust memory, reflecting his family's historical experience. His structural contribution is the continuation of a legacy that was built on pioneering the modern retail format.

Fashion, Style, and Lifestyle


David Wertheim maintains the quiet, conservative style of a discreet German industrial heir. His attire is professional and high-quality, favoring tailored business suits. His aesthetic is one of stability and financial trustworthiness.

His luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to the stewardship of his family's economic legacy, ensuring its continuation in the stable European consumer market.

Advertisement

Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • His family owned the iconic Wertheim department store chain in pre-World War II Germany.
  • The original owners were forced out by the Nazi government after 1933.
  • His wealth is tied to the German electronics retailer MediaMarktSaturn.
  • His family has been involved in legal efforts regarding German reparations.
  • The original department store pioneered elaborate product presentation and display.
  • His wealth is a direct result of inherited stakes in the European consumer electronics market.
  • He is a major shareholder who holds wealth through long-term capital appreciation.

Advertisement

More Profiles


He Zhaoxi

-0.14% | -$2.47M

Daniel Mate

+0.22% | +$8.40M

You May Like


Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

Sponsored Content