What is Reinfried Pohl's Net Worth?
Reinfried Pohl is a German mutual fund magnate who has a net worth of $2.2 billion. He made his way to riches as a lawyer, founder and CEO of German Vermögensberatung AG (DVAG), a German multi-layered marketing investment firm headquartered in Frankfurt, Germany. Operating since 1975, he managed to turn the company into a leading one in the all-finance services sector. To date, it is present in Germany, Austria and Switzerland, and it specializes in complex areas of insurance, finance and banking.
With an approximate number of 6 million clients, the company generated over Eu 1.18 billion ($1.6 billion) in revenue in 2012, which is up 6.7% compared to 2011. Reinfried Pohl is a majority holder with 48%, while his two sons Andreas Pohl and Reinfried Pohl Jr. hold 26% each. Furthermore, Reinfried Pohl is chairman of the group, leaving the management positions to his sons.