Billionaire Profile
Clemens Toennies
Global Rank
#2839

Image: Susanne Freitag (susi@fotodesignfreitag.de) | CC BY-SA 3.0 | via Wikimedia Commons

Clemens Toennies

CEO, Meat processing
GERMANY
Real-Time Net Worth
$1.229B
Estimated based on Meat processing stock value as of March 6, 2026
0% (24h)
Age
69
Source
Meat processing
Industry
Food & Beverage
Citizenship
GERMANY

Biography

Clemens Tönnies is a prominent German businessman and billionaire, best known for his significant role in the meat processing industry. Born in Rheda, Germany, in May 1956, Tönnies attended butchery college and, in 1971, co-founded the Tönnies Holding, a meat processing company. Over the years, he has built the company into one of Europe's largest meat producers. His source of wealth is primarily from meat processing, holding a 45% stake in the Tönnies Holding, and his current estimated net worth is $2.1 billion. While he has achieved remarkable career milestones, Tönnies has also faced controversies that have marked his public profile.

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

Wealth Over Time

In-Depth Profile

Early Life

Clemens Tönnies was born in Rheda, Germany, on May 27, 1956. He grew up with six siblings and was the son of a butcher, setting the stage for his future career. After completing his schooling, he attended butchery college, laying the groundwork for his expertise in the meat industry. In 1971, he co-founded the Tönnies meat processing company with his brother Bernd.

Rise to Success

Together, Clemens and his brother Bernd transformed their company into one of Europe's leading meat producers. The company specializes in pig, sow, and beef cattle slaughtering and processing. Tönnies Holding has multiple divisions including meat, convenience, ingredients and logistics. The company's headquarters are located in Rheda-Wiedenbrück, Germany. Clemens Tönnies's leadership has been instrumental in the company's growth, and he currently holds a 45% ownership stake.

Key Business Strategies

Tönnies has focused on a quality-driven approach, implementing an integrated production system. This ensures freshness and quality, with all stages of production, from slaughtering to packaging, occurring under one roof. His strategic vision and hands-on approach has enabled the Tönnies Group to become a leader in the industry. The company has also expanded internationally, with numerous foreign offices and production sites across Europe and beyond. The company is planning to operate as Premium Food Group from January 2025.

Philanthropy

Information on his specific philanthropic initiatives is limited in the search results. However, he has received various awards and recognitions for his contributions to the meat industry.

Career Milestones

1971

Co-founded Tönnies Holding

Clemens Toennies co-founded the meat processing company with his brother Bernd, which later became one of the largest meat producers in Europe.

1994

Took over leadership after his brother's death

Clemens took over the leadership of the company following the death of his brother Bernd.

2001-2020

Chairman of FC Schalke 04

Clemens served as the chairman of the supervisory board for the football club FC Schalke 04 for many years.

Philanthropy & Social Impact

General

Unknown

Undisclosed

Limited information available.

Controversies & Challenges

2012

Tax Evasion Allegations

Tax investigators searched Tönnies's office due to suspected tax evasion.

2013

Fine for Omission of Shares

Fined for omitting shares in the Zur Mühlen Group when attempting a merger.

2014

Involvement in CumEx Deals

Involved in CumEx deals, obtaining tax refunds he had never paid.

2016

Price Fixing

Tönnies subsidiaries engaged in price fixing, leading to a fine.

2019

Racist Remarks

Made controversial remarks about electrifying Africa.

2020

COVID-19 Outbreak and Resignation

COVID-19 outbreak at his main plant led to public outcry and resignation from FC Schalke 04's board.