What is Horst Brandstaetter's Net Worth?
Horst Brandstaetter is a German entrepreneur who has a net worth of $1.6 billion. Horst Brandstaetter accumulated his fortune as a 100% owner of Brandstätter Group, which has toy-making company Playmobil as its strongest asset. Set up in 1876 by Andreas Brandstätter as a producer of ornamental fittings and locks, the company has gone through some thorough changes over the years.
Since its inception, the Bavaria-based firm has shifted into production of metal toys like piggy banks, telephones, cash registers and scales; and in 1954 it was also making plastic toys like the Multi-Worker play-set. As for the Playmobil line of products, they were first introduced in 1970. Horst Brandstätter, who celebrated his 80th birthday in June 2013, continues to hold his entrepreneurial role and remains close to the leadership team.
