What is Monika Schoeller's Net Worth?
Monika Schoeller is a German publisher and philanthropist who has a net worth of $1 billion. The daughter of the publisher Georg von Holtzbrinck, Monika Schoeller and her two siblings, her brother Stefan von Holtzbrinck and their half-brother Dieter, inherited publishing house Verlagsgruppe Holtzbrinck, which was founded by their late father as a book club in 1948. However, the German publishing house, which owns such publishing companies as Straus & Giroux, Henry Holt, St. Martin's Press and Farrar, has had a very tough time recently.
Thus, Monika Schoeller saw a decline of $1 billion in her net worth as a consequence of a 40% decline on Holtzbrinck Group's total assets. Whereas the group's revenue decreased by 4%. Monika Schoeller currently serves as the head of S. Fischer Verlag, a book publishing company which was founded in 1886.