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Billionaire Profile
Axel Oberwelland & family
Global Rank
#3089

Axel Oberwelland & family

CEO, Candy
Berlin, Germany
Real-Time Net Worth
$1.20B
Estimated based on Candy stock value as of September 10, 2026
0% (24h)
Age
59
Source
Candy
Industry
Food & Beverage
Citizenship
Germany

Biography

Axel Oberwelland, born in Bielefeld, Germany, on August 1, 1966, is the owner of August Storck KG, a major confectionery manufacturer. Succeeding his father in 2003, Axel leads the company known for brands like Werther's Original, Riesen, and Toffifee. He is a fourth-generation leader carrying on the family's legacy in the candy industry. The University of St. Gallen graduate has a current estimated net worth of 1.3 Billion USD, making him a prominent figure in the global food and beverage sector.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.20B
2025$1.30B
2024$1.30B

In-Depth Profile

Early Life

Axel Oberwelland was born on August 1, 1966, in Bielefeld, Germany. He is the son of Klaus Oberwelland, who took over the family business in 1971, and the grandson of Hugo Oberwelland, who managed the company since 1921. Axel attended high school in Bielefeld, followed by a boarding school near St. Moritz, Switzerland. He pursued a business degree at the University of St. Gallen, Switzerland.

Rise to Success

Axel Oberwelland's career is rooted in the confectionery industry, specifically with August Storck KG, a company founded by his great-grandfather in 1903. He became the owner of the company in 2003, succeeding his father. Under his leadership, Storck has maintained its reputation for producing high-quality confectionery products, which are beloved globally. The company is known for brands such as Werther's Original, Riesen, and Toffifee.

Key Business Strategies

Axel Oberwelland's strategies have focused on internationalization and worldwide growth. Storck's products are sold in more than 100 countries. The company has continuously invested in its German production facilities, ensuring a technological edge and expanding its product range. Storck has also expanded its sales network, adapting to consumer tastes.

Philanthropy

In 1992, Axel's father, Klaus Oberwelland, established the Stork Foundation to preserve endangered stork populations.

Career Milestones

2003

Owner of August Storck KG

Took over ownership of August Storck KG, a confectionery manufacturer.

Philanthropy & Social Impact

Environmental Conservation

Stork Foundation

Undisclosed

Founded by Klaus Oberwelland to preserve endangered stork populations.

Business Philosophy & Leadership

Leadership Principles

Performance

Guiding leadership value at Storck.

Passion

Guiding leadership value at Storck.

Sense of belonging

Guiding leadership value at Storck.

Controversies & Challenges

2020

Forest Occupation

Part of the company premises in Halle (Westphalia) was occupied in February 2020 due to the planned clearing of a piece of forest.

2024

Child labor and Deforestation concerns

A petition signed by over 41,000 concerned consumers urged Storck to ensure its chocolate supplies are child labor and deforestation-free.

Billionaires Connected to Axel Oberwelland & family

Peers in Food & Beverage

All Food & Beverage billionaires

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Axel Oberwelland & family's net worth in 2026?
As of 2026, Axel Oberwelland & family's estimated net worth is $1.196 billion, ranking #3089 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Axel Oberwelland & family make their money?
Axel Oberwelland & family's wealth primarily comes from Candy, most notably through Candy.
Where is Axel Oberwelland & family from?
Axel Oberwelland & family is from Germany.
How old is Axel Oberwelland & family?
Axel Oberwelland & family is 59 years old.

Sources & References

Citations for this profile have not been published yet. Net worth figures here are estimates and should not be treated as verified. See our methodology for how these estimates are produced, or report a correction.