G eorg Haub is a German-American billionaire and an heir to the Tengelmann Group fortune, a massive German family-owned retail and investment conglomerate. The company was built into a retail giant by his late father, Erivan Haub. Tengelmann's holdings have included major supermarket chains and the OBI home improvement store chain. The family also owns a significant stake in the discount retailer, Aldi Nord.

After a period of family dispute following the mysterious disappearance of his older brother, Karl-Erivan, the family's assets were restructured. Georg and his brother Christian now run the family's businesses. Georg focuses on managing the family's extensive U.S. real estate portfolio and other American assets through his firm, the Haub School of Business. He has spent most of his professional life in the United States and has become a U.S. citizen.