Business

Hubert Burda Net Worth

Hubert Burda Net Worth
Capital: € 3.7 billion
Age: 80
Born: February 9, 1940
Country of origin: Germany
Source of wealth: publisher
Last updated: 2022

Short introduction

Hubert Burda is a German writer and proprietor of Hubert Burda Media.

Early life

Hubert Burda turned into born in Heidelberg in 1940 because the son of the publishing couple Franz and Aenne Burda. In his faculty days he took portray training and from then on pursued the choice to grow to be a painter. His father turned into now no longer stunned with the aid of using this desire and desired a distinct profession for his son. Franz Burda made a compromise with Hubert that he may want to observe artwork records if he finished the challenge on the age of 25, together with a doctorate. After graduating from excessive faculty, Burda studied artwork records, archeology and sociology on the Ludwig Maximilians University in Munich and at the colleges in Rome, Paris and London. At the age of 26 he obtained his doctorate in artwork records.

Career

After receiving his doctorate, Burda went to america for a while, wherein he volunteered in marketing and marketing companies and publishers. He then labored till 1974 in Germany as head of publishing withinside the in-residence mag “Bild und Funk”. In 1969 he attempted his personal mag “m – the mag for men”. The mag challenge turned into discontinued after a year, on the choice of dad Franz. The latter turned into strictly Catholic and did now no longer accept as true with the content material of the mag. From 1965 to 1975 Hubert Burda turned into editor-in-leader of the illustrated mag “BUNTE”. After his father Franz died in 1986, the publishing residence surpassed to Hubert Burda and his brothers Frieder and Franz. Hubert Burda received the stocks of the 2 brothers and have become the only shareholder and CEO of Burda Holding. In 1999 the call of Burda Holding turned into modified to Hubert Burda Media.

Career highlights

With the information mag “Focus”, Hubert Burda, collectively with journalist and media entrepreneur Helmut Markwort, controlled to compete with the incredible rival “Der Spiegel”. In addition to the successful “Focus” mag, Burda persevered to amplify many magazines and turned into accordingly capable of generate a primary plus. Hubert Burda Media’s product variety now no longer handiest consists of publishing, however additionally a huge virtual providing which includes Holidaycheck, XING and Cyberport, worldwide cooperation (together with with the French writer “Hachette”) and growth abroad, which includes in Russia or India. All of the enterprise’s divisions collectively have round 12,000 employees. Together, the enterprise generated income of round 2.7 billion euros. With a complete wealth of 3.7 billion euros, Hubert Burda is one of the richest human beings withinside the global in keeping with the Forbes listing of 2018 with 588 place. In Germany, he’s the 0.33 richest writer after Friede Springer and Elisabeth Mohn.

Famous quotes

“The fulfillment of an concept isn’t always decided with the aid of using the scale of the enterprise, however with the aid of using its modern spirit.”

“Competition is right for human beings. It creates innovation. It gives options and affordable prices. It’s really well worth preventing for. ”

“Rather fire up dirt than placed on dirt.”

“Contradiction is the engine of life.”

“Modern wondering and terrific information pulsate in binary facts streams thru the networks. The prosperity of day after today is developing here. ”

“The maximum precious ability is right employees.”

Amazing facts

In 2001 Hubert Burda based the “Felix Burda Foundation” collectively together along with his ex-spouse Christa Maar. This campaigns for advanced early detection of colorectal most cancers. Felix Burda, the oldest son of the writer Hubert Burda, died of colorectal most cancers on the age of 33, whereupon his mother and father based this non-income foundation. In addition, Burda donated numerous prizes, which includes the worldwide literary award “Petracar” (1975) or the Hermann Lenz Prize for German-language literature in 1999. In addition, the writer is dedicated to German-Jewish reconciliation and supported the Jewish Museum in Munich with a donation of a million euros. Hubert Burda obtained numerous awards, together with the “Honorary Professorship of the Prime Minister of the State of Baden-Württemberg” and the “Great Cross of Merit with a Star”.

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