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Timm Oberwelland

Timm Oberwelland

T. Oberwelland
-0.31% | - $-9.00M
$2.89 B ₹ 26,317 Cr
Real Time Net Worth #1425 Ranking as of 21 Feb 2026 By Forbes

More on Timm Oberwelland

Gender

Male

Age

59Y

Country

Germany

Born On

January, 1967

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Storck

Titles

Shareholder

Sources of Wealth

Storck

Industry

Food & Beverage, Consumer Goods, Retail

About Timm Oberwelland


T imm Oberwelland is a German billionaire heir and one of the principal owners of the August Storck Group, a major international confectionery company. He is the great-grandson of August Storck, who founded the company in Westphalia, Germany, in 1903. The company has since grown into a global powerhouse, producing iconic candy brands that are sold in more than 100 countries and have become household names for generations.

Storck's famous brands include the caramel candy Werther's Original, the chocolate-hazelnut confection Toffifee, the chocolate bar Merci, and the chewy caramel Riesen. The company is intensely private and remains under the full control of the Oberwelland family. While his older brother, Axel Oberwelland, serves as the general manager and actively runs the business, Timm, along with his sister Maike, holds a substantial ownership stake in the confectionery empire. In keeping with the family's tradition, he maintains an extremely low public profile.

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Quick Reads


  • Heir to the Storck confectionery fortune.
  • His family's privately held company produces famous candy brands like Werther's Original and Toffifee.
  • He is the great-grandson of the company's founder, August Storck.
  • His brother, Axel Oberwelland, manages the company.
  • He is not involved in the company's operations but holds a significant stake.

Early Life and Background


Timm Oberwelland is a German businessman, the billionaire Co-owner and Executive of August Storck KG (Storck Group), a major global manufacturer of confectionery and candy (famous for Toffifee, Werther's Original, and Merci). His wealth is generational, tied to the industrial empire founded by his family in 1903.

Oberwelland's philosophical approach centers on generational stewardship, scale, long-term brand preservation, and vertical integration in the essential confectionery market. He successfully led the company's transformation into a major global brand.

  • August Storck KG (Co-owner & Executive): The core private asset, a global leader in confectionery and candy products (dominating the European market).
  • Industrial Focus: His success is built on scale manufacturing and dominating the domestic and international market for affordable, branded consumer treats.
  • Family Governance: He and his family control the 100 percent privately owned company.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and brand IP.

Career Journey of Timm Oberwelland


Timm Oberwelland's strategic leadership involved managing the immense Storck Group empire. He assumed a leadership role in the family dairy business and successfully guided the company's commitment to aggressive expansion across Europe (and the U.S.). His structural contribution is immense: pioneering the scale manufacturing and professionalization of the European confectionery sector and introducing new, iconic global brands.

He remains a key executive, ensuring the company adheres to its core values of quality and brand preservation. His wealth is secured by the colossal, long-term, stable profitability of the global agri-food and consumer staples sector.

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Timm Oberwelland's Timeline


1980s (approx.):

Timm Oberwelland assumes a leadership role in the family business (Executive Ascent).

Ongoing:

Storck Group expands aggressively into new markets (Global Expansion).

Ongoing:

Continues as Co-owner and Executive, guiding the massive private conglomerate (Executive Oversight).

Major Business Ventures and Investments


Timm Oberwelland's wealth is concentrated in his family's controlling ownership and executive leadership of the private food giant, August Storck KG, and his private investments.

  • August Storck KG (Co-owner & Executive): The core private asset, a global leader in confectionery and candy products.
  • Industrial Focus: His success is built on scale manufacturing and dominating the domestic and international market for affordable, branded consumer treats.
  • Family Governance: He and his family control the 100 percent privately owned company.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and brand IP.

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Philanthropy and Social Impact


Timm Oberwelland's social impact stems from the Storck Group's role as a massive industrial employer and provider of popular confectionery products globally. The company contributes significantly to job creation and stability in the manufacturing sectors. His personal philanthropy supports various community and educational initiatives.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Timm Oberwelland maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the global industrial sector.

Residing in Halle, Germany, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to corporate governance, strategic investment, and industrial scale.

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Quotes and Philosophy


“In the confectionery business, nostalgia and reliable quality are the keys to maintaining brand loyalty across generations.”

Fun Facts & Trivia


  • He is a Co-owner and Executive of the Storck Group (confectionery giant).
  • Storck manufactures global candy brands like Toffifee, Werther's Original, and Merci.
  • The company was founded by his family in 1903 and remains 100 percent privately owned.
  • His fortune is tied to the successful generational management and stability of the global confectionery sector.
  • His philosophy emphasizes product innovation and long-term brand preservation.

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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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