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Kevin David Lehmann

Kevin David Lehmann

K. Lehmann
0.43% | + $20.94M
$4.9 B ₹ 44,577 Cr
Real Time Net Worth #853 Ranking as of 21 Feb 2026 By Forbes

More on Kevin David Lehmann

Gender

Male

Age

23Y

Country

Germany

Born On

September, 2002

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Retail Stake)

Primary Organization

Unknown

Titles

Unknown

Sources of Wealth

Dm-Drogerie Markt

Industry

Fashion & Retail

About Kevin David Lehmann


K evin David Lehmann became one of the world's youngest billionaires after inheriting a 50% stake in Germany's leading drugstore chain, dm-drogerie markt, from his father, Guenther Lehmann. The transfer of ownership occurred when he was just a teenager, but he formally came into his fortune upon turning 18 in 2020. Despite his immense wealth, Lehmann maintains an extremely low public profile and is not involved in the day-to-day operations of the company.

The dm (drogerie markt) chain was co-founded in 1973 by Goetz Werner, with Guenther Lehmann, an investor in a separate grocery chain, providing the capital for the new venture a year later. The company is renowned for its unique corporate philosophy, which emphasizes employee well-being and customer service over centralized control, a culture instilled by Werner. While the Lehmann family owns half of the company, they have remained strictly financial investors, allowing the management team to run the business independently. Kevin David Lehmann's wealth is therefore a result of his father's savvy early investment in what would become a retail giant.

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Quick Reads


  • Inherited a 50% stake in German drugstore chain dm-drogerie markt.
  • His father, Guenther Lehmann, was an early investor in the company.
  • Became one of the world's youngest billionaires upon turning 18.
  • Is not operationally involved in the company.
  • Maintains a very private and low-profile life.

Early Life and Background


Kevin David Lehmann is a German businessman, the billionaire heir to dm-drogerie markt (dm), Germany's leading drugstore chain (one of the largest in Europe). His immense wealth is generational, tied to the industrial and retail empire founded by his father, Günther Lehmann, who was an early partner in dm (1974).

Lehmann inherited a 50 percent stake in dm from his father at age 14. His structural role is tied to the fiduciary oversight of the complex family trust that maintains 100 percent private ownership of the retail giant. He became the world's youngest billionaire in 2021 (at age 18) and maintained the status until his 20th birthday in 2023.

  • dm-drogerie markt (Major Shareholder): The core private asset, Germany's leading drugstore chain (operating over 4,000 stores globally). He owns a 50 percent stake.
  • Retail Focus: His wealth is tied to the success of the discount drugstore model (offering pharmacy, cosmetics, and health products).
  • Generational Transition: He became a shareholder at age 14 and the world's youngest billionaire at age 18 (2021).
  • Family Governance: The company's operations are professionally managed, adhering to the family's core values of sustainability and employee focus (receiving the Great Place to Work award).

Career Journey of Kevin David Lehmann


Kevin David Lehmann's structural role is centered on generational stewardship and preserving the family's core values of simplicity, efficiency, and private ownership. The dm empire, led by CEO Christoph Werner, maintains its success through its commitment to employee empowerment and sustainable business practices. The company successfully navigated the competitive European retail market to become the market leader in Germany.

His wealth is secured by the colossal, long-term, stable profitability of the essential consumer retail and health products sector. His age and status highlight the immense complexity and value of generational wealth transfer in major German private companies.

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Kevin David Lehmann's Timeline


1974:

dm-drogerie markt is co-founded by Günther Lehmann (his father) (Founding).

2007 (Age 14):

Inherits a 50 percent stake in dm from his father (Inheritance/Financial Event).

2021 (Age 18):

Reaches majority age and is named the world's youngest billionaire (Financial Milestone).

Ongoing:

Continues as a major shareholder, overseeing the governance of the retail empire (Executive Oversight).

Major Business Ventures and Investments


Kevin David Lehmann's wealth is concentrated in his inherited stake in the private retail giant, dm-drogerie markt.

  • dm-drogerie markt (Major Shareholder): The core private asset, Germany's leading drugstore chain (operating over 4,000 stores globally). He owns a 50 percent stake.
  • Retail Focus: His wealth is tied to the success of the discount drugstore model (offering pharmacy, cosmetics, and health products).
  • Generational Transition: He became a shareholder at age 14 and the world's youngest billionaire at age 18 (2021).
  • Family Governance: The company's operations are professionally managed, adhering to the family's core values of sustainability and employee focus (receiving the Great Place to Work award).

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Philanthropy and Social Impact


Kevin David Lehmann's social impact is structural, stemming from dm-drogerie markt's role as a massive global employer and foundational provider of affordable health, hygiene, and consumer goods. The company is known for its strong commitment to employee welfare (often winning Great Place to Work awards) and sustainability initiatives.

His personal philanthropy is highly private, adhering to the discretion often favored by the family. His structural contribution is tied to the successful generational transition and stable private control of one of Europe's largest retail dynasties.

Fashion, Style, and Lifestyle


Kevin David Lehmann maintains the discreet, unostentatious style of a young heir. His attire is consistently modern and high-quality, reflecting his status while adhering to the family's core philosophy of frugality and privacy.

Residing in Germany, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to financial stewardship and the long-term, private management of the dm retail empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He inherited a 50 percent stake in dm-drogerie markt at age 14.
  • He was named the world's youngest billionaire in 2021 (at age 18).
  • dm is Germany's leading drugstore chain (over 4,000 stores).
  • His father was an early partner in the company (which was founded in 1974).
  • The company is known for its strong employee welfare programs and sustainability commitment.
  • He became the richest heir in the world after the passing of David Koch (from a related search).
  • His wealth is tied to the successful discount retail model in the health and beauty sector.

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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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