Billionaire Profile
Benjamin Otto
Global Rank
#1887

Image: Unsplash Contributor | Unsplash License | via Unsplash

Benjamin Otto

CEO, Retail
GERMANY
Real-Time Net Worth
$2.247B
Estimated based on Retail stock value as of April 20, 2026
0% (24h)
Age
50
Source
Retail
Industry
Fashion & Retail
Citizenship
GERMANY

Biography

Benjamin Otto is a prominent German entrepreneur and philanthropist, currently ranked among the world's wealthiest individuals. With a net worth of $2.2 billion as of 2024, Otto's wealth stems primarily from his stake in the Otto Group, a global retail giant. His career has been marked by a commitment to both business and philanthropy, reflecting a new generation of family business leaders. Otto's leadership within the Otto Group and his investments in various sectors have solidified his position in the business world. He is known for his interest in holistic health and stress reduction, reflecting his commitment to sustainable and value-oriented business practices.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Benjamin Otto was born in Hamburg, Germany in 1975. He is the son of Michael Otto, who led the Otto Group for 26 years, and the grandson of Werner Otto, the founder of the Otto Group. After graduating from high school, Otto completed an apprenticeship as a banker at Germany's oldest private bank and obtained a degree in International Business from the European Business School in London.

Rise to Success

Benjamin Otto's career has been closely tied to the Otto Group. He joined the family business as an executive director in 2012. Since the early 2000s, he has been involved in building several successful companies in retail, electrical engineering, fashion, and project development. He was instrumental in the development of About You, an online fashion retailer. In March 2026, Benjamin Otto took on the role of Chairman of the Foundation Board and Shareholders' Council of the Otto Group, marking the end of an era successfully shaped by his father.

Key Business Strategies

Benjamin Otto, as a leader in the Otto Group, is focused on adapting to the digital landscape. His strategic vision includes a commitment to innovation, with Otto Group's online sales accounting for approximately 12 billion Euros in 2023. His focus also includes sustainable and value-oriented business practices. Otto is steering the Otto Group through market challenges by emphasizing innovation and responsible commerce.

Philanthropy

Benjamin Otto and his wife are active in philanthropic organizations focused on healing through alternative treatment methods. Furthermore, in 2014, Benjamin Otto founded the Burn Out Prevention Center in Hamburg, which conducts seminars on stress reduction and holistic health.

Career Milestones

2012

Executive Director

Joined the Otto Group as an executive director.

2015

Member of the Supervisory Board

Became a member of the Otto Group's Supervisory Board and Vice Chair of the Foundation and Shareholders' Council.

2026

Chairman of the Foundation Board and Shareholders' Council

Assumed main responsibility for the Otto Group, taking on the strategic leadership role.

Philanthropy & Social Impact

Health

Burn Out Prevention Center

Undisclosed

Founded the Burn Out Prevention Center in Hamburg, which conducts seminars on stress reduction and holistic health.