Billionaire Profile
Alexander Otto
Global Rank
#538

Image: W. Höffert | Public domain | via Wikimedia Commons

Alexander Otto

CEO, Real estate
GERMANY
Real-Time Net Worth
$7.123B
Estimated based on Real estate stock value as of March 6, 2026
-0.38% (24h)
Age
58
Source
Real estate
Industry
Diversified
Citizenship
GERMANY

Biography

Alexander Otto, born in 1967, is a prominent German businessman with an estimated net worth of $10.7 billion as of 2024. His wealth primarily stems from his involvement in real estate. He is the majority shareholder and CEO of ECE Group, a leading commercial real estate company specializing in shopping centers. Otto is also part-owner of the Otto Group, a retail and e-commerce conglomerate founded by his father, Werner Otto. His career is marked by strategic leadership and a commitment to sustainable development, making him a key figure in the European business world.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Alexander Otto was born on July 7, 1967, in Germany. He is the son of Werner Otto, who founded the Otto Group, a major retail and e-commerce company. His mother is Maren Otto. Alexander grew up in a wealthy family, which provided him with access to excellent education and opportunities.

Rise to Success

Otto studied at Harvard University, earning a Bachelor of Arts degree, and later completed his MBA at Harvard Business School. He joined the family business, the Otto Group, in 1994. However, his primary focus shifted to commercial real estate through ECE Group, a company his father founded. In 2000, Alexander became the CEO of ECE, transforming it into a leading real estate company in Europe.

Key Business Strategies

Under Otto's leadership, ECE Group has invested heavily in shopping centers and expanded its operations across Europe. He is also a shareholder of Deutsche EuroShop AG, a publicly traded company.

Philanthropy

Alexander Otto is involved in various philanthropic efforts. He and his wife, Dorit Otto, established the Dorit and Alexander Otto Foundation.

Career Milestones

1994

Joined Otto Group

Began working within the family business, Otto Group.

2000

CEO of ECE Group

Became CEO of ECE Group, expanding its operations throughout Europe.

2001

Shareholder of Deutsche EuroShop

Became a shareholder of the publicly traded Deutsche EuroShop AG.

2015

Director of SITE Centers Corp.

Served on the board of directors until 2024.

Philanthropy & Social Impact

Philanthropy

Dorit and Alexander Otto Foundation

Undisclosed

Established the foundation with his wife.

Philanthropy

Lebendige Stadt (Vibrant City) Foundation

Undisclosed

Chairman of the foundation.

Philanthropy

Alexander Otto Sportstiftung Foundation

Undisclosed

Chairman of the foundation.