What is Heinz-Horst Deichmann's Net Worth?
Heinz-Horst Deichmann is a German entrepreneur who has a net worth of $5.3 billion. Heinz-Horst Deichmann is best known for leading the larges t shoe retailing company in Germany, the Deichmann Shoes. Founded by his father, Heinrich Deichmann in 1913, the company reached vast expansion when it was led by Heinz-Horst. However, he spent years working as an orthopedic surgeon, before acquiring the position of Chief Executive Officer at the company in 1956.
In his forty years of leadership, Heinz-Horst Deichmann introduced new enterprise resource planning system and entirely beat his competitors. It was in 1999 that he decided to withdraw turning over the company to his only son Henry. Known for social diaconal commitment, Heinz-Horst Deichmann received many national and international awards for his generous philanthropic work.
