U do Schütz is a self-made German billionaire who is the founder of the Schütz Group, a major global manufacturer of industrial packaging. He founded the company in the 1950s and has built it into a world leader in the production of composite intermediate bulk containers (IBCs), which are large, reusable containers used to transport bulk liquids and other materials. The company's products are a critical part of the global industrial supply chain.

In addition to his core packaging business, he has also built a major business in the aerospace industry, with a focus on manufacturing composite materials for aircraft. He is also a passionate and successful former race car driver and racing team owner, having competed in major international sports car races. The company remains privately held by him and his family, and he is a major figure in the German manufacturing sector.