Billionaire Profile
Alfred Oetker
Global Rank
#1947

Image: Public domain | via Wikimedia Commons

Alfred Oetker

CEO, Geschwister Oetker
DE
Real-Time Net Worth
$2B
As of December 2025
Age
58
Source
Consumer goods
Industry
fashion-retail
Citizenship
DE

Biography

Alfred Oetker is a prominent German entrepreneur and co-CEO of Geschwister Oetker, a holding company with interests in wine and spirits, chemicals, and luxury hotels. With a net worth of $2.0 billion, he is a significant figure in the consumer goods industry. Alfred, who is 58 years old, is known for his role in the Oetker family's diversified business empire. His career includes leadership positions within the Oetker Group and the management of Geschwister Oetker, demonstrating his commitment to family tradition and innovation in various sectors. He studied economics at the University of Passau and Oxford, and speaks six languages.

Wealth Over Time

In-Depth Profile

Early Life

Alfred Oetker was born in Toronto, Canada, in 1967, into the well-known Oetker family. As the great-grandson of Dr. August Oetker, the founder of the renowned food brand, he grew up in Bielefeld, Germany, immersed in a culture of entrepreneurship and strong family values. He has three children. His family is also known for internal tensions, particularly regarding wealth distribution. Different views on the strategic direction of the company led to disputes among the heirs, which were sometimes even brought before the courts.

Rise to Success

Alfred Oetker's professional journey began within the family business. He held various positions within the Oetker Group before taking over the management of the food division in the Netherlands. In 2015, he became Deputy Chairman of the Advisory Board of Dr. August Oetker KG. With the reorganization of the company in 2021, Alfred Oetker left the group. Together with his siblings Carl Ferdinand and Julia, he took over the management of Geschwister Oetker Beteiligungen KG, which focuses on business areas such as wine, spirits, chemicals, and luxury hotels. Alfred studied economics at the University of Passau and Oxford. In September 2024, he and his brother Carl Ferdinand bought out their sister Julia from Geschwister Oetker, assuming full control over the company.

Key Business Strategies

As co-CEO of Geschwister Oetker, Alfred focuses on maintaining a diversified portfolio. The 2021 division of the Oetker Group allowed Alfred to concentrate on expanding Geschwister Oetker's influence across various industries, including wine and spirits (Henkell-Freixenet), luxury hotels (Le Bristol in Paris), and chemicals.

Philanthropy

Alfred Oetker engages in cultural and social initiatives, continuing the Oetker dynasty's philanthropic tradition. He is committed to art, managing a significant art collection with his family, which includes works by renowned artists. The collection is regularly displayed in museums and exhibitions. He also supports various foundations focused on education and social justice, and sustainable projects.

Career Milestones

1999

Doctorate

Earned a doctorate from the University of Leipzig, focusing on stakeholder conflicts in family businesses.

2015

Deputy Chairman of the Advisory Board

Became Deputy Chairman of the Advisory Board of Dr. August Oetker KG.

2021

Co-CEO of Geschwister Oetker

Became co-CEO of Geschwister Oetker Beteiligungen KG following the division of the Oetker Group.

2024

Acquired full control of Geschwister Oetker

Bought out sister Julia from Geschwister Oetker with his brother Carl Ferdinand.

Philanthropy & Social Impact

Arts and Culture

Art Collection Management

Undisclosed

Manages a significant art collection with his family, featuring works by renowned artists.

Social and Environmental Causes

Support for Foundations

Undisclosed

Supports foundations focused on education, social justice, and environmental sustainability.