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In the world today
Georg Haub

Georg Haub

G. Haub
0.21% | + $3.34M
$1.58 B ₹ 14,365 Cr
Real Time Net Worth #2437 Ranking as of 21 Feb 2026 By Forbes

More on Georg Haub

Gender

Male

Age

64Y

Country

Germany

Born On

January, 1962

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Unknown

Titles

Unknown

Sources of Wealth

Tengelmann Group

Industry

Retail, Investments, Real Estate

About Georg Haub


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.

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Quick Reads


  • An heir to the German retail conglomerate Tengelmann Group.
  • The group's holdings include a large stake in Aldi Nord.
  • His father, Erivan Haub, built the company into a retail giant.
  • He manages the family's extensive real estate and other assets in the U.S.
  • His brother Christian runs the main family holding company in Germany.

Early Life and Background


Georg Haub is a German businessman and billionaire heir whose wealth is rooted in the Tengelmann Group, one of Germany's largest privately held retail and investment conglomerates. The family empire began with a shop opened in Mülheim an der Ruhr in 1876.

Georg is one of the three sons of the late patriarch, Erivan Haub (d. 2018). His career is one of generational stewardship, focusing on managing his substantial 31.33 percent stake in the privately held Tengelmann Group. The family's wealth is secured by the group's successful diversification into home-improvement (OBI), discount retail (KiK), and online retail (babymarkt.de).

Career Journey of Georg Haub


Georg Haub's career within the Tengelmann Group was shaped by tragedy and subsequent succession challenges. He and his brothers, Karl-Erivan and Christian Haub, took over as co-CEOs in 2000. However, his oldest brother, Karl-Erivan, went missing while on a ski tour in 2018 and was declared dead in 2021. This event led to a major internal power shift and succession change.

With Karl-Erivan presumed dead, Georg's younger brother, Christian Haub, took over as sole CEO (after overseeing the U.S. venture portfolio). Georg continues to hold his substantial 31.33 percent stake in the group, ensuring the family's long-term control. The family's structural financial focus is on investment in startups, energy services, and real estate development, leveraging the profits from their core retail assets.

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Georg Haub's Timeline


2000:

Assumes role as co-CEO with his brother Karl-Erivan (Executive Ascent).

2018:

His brother Karl-Erivan goes missing (Pivotal Crisis).

2021:

Karl-Erivan is declared dead; his brother Christian Haub takes over as sole CEO (Succession).

Ongoing:

Continues as a major family shareholder (holding 31.33 percent), guiding the long-term private management of the multi-billion euro fortune (Executive Oversight).

Major Business Ventures and Investments


Georg Haub's wealth is concentrated in his family's controlling stake in the private diversified conglomerate, Tengelmann Group.

  • Tengelmann Group (Major Family Shareholder): The core private asset, a massive retail and investment conglomerate controlling OBI (home improvement), KiK (clothing discounter), and babymarkt.de (online retail). He holds a 31.33 percent stake.
  • Investment and Services: The Group invests in startups, and operates in energy, audits, consulting, and real estate development.
  • Family Governance: His fortune is tied to the family's commitment to private ownership and the stewardship led by his brother, Christian Haub (CEO).
  • Food Innovation: The Group owns the No Meat Factor food production company.

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Philanthropy and Social Impact


Georg Haub's social impact is structural, stemming from the Tengelmann Group's role as a massive European employer and provider of low-cost essential goods (KiK, OBI). The company is a pillar of the German retail economy. His family's foundation supports various educational and community initiatives.

His family has strong ties to Tacoma, Washington, where they are major contributors to local cultural and educational institutions (e.g., UW-Tacoma, Museum of Glass), continuing the legacy of his father, Erivan Haub.

Fashion, Style, and Lifestyle


Georg Haub maintains the professional, composed style of a German industrial heir. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of stability and quiet, established authority, reflecting the family's deep commitment to privacy.

Residing in Berlin, Germany, 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 long-term retail and industrial legacy, navigating complex generational and corporate transitions.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He holds a 31.33 percent stake in the Tengelmann Group (owner of OBI and KiK).
  • His brother, Karl-Erivan, was declared dead in 2021 after going missing on a ski tour.
  • The family business began with a shop opened in Mülheim an der Ruhr in 1876.
  • His family has strong philanthropic ties to Tacoma, Washington.
  • His brother, Christian Haub, is the current sole CEO.
  • The Group operates the No Meat Factor food production company.
  • His wealth is tied to the long-term, stable profitability of discount retail and home improvement.

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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

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