Billionaire Profile
E
Global Rank
#906

Image: Central Intelligence Agency | Public domain | via Wikimedia Commons

Erwin Franz Mueller

CEO, Drugstores
GERMANY
Real-Time Net Worth
$4.743B
Estimated based on Drugstores stock value as of April 20, 2026
0% (24h)
Age
93
Source
Drugstores
Industry
Fashion & Retail
Citizenship
GERMANY

Biography

Erwin Franz Müller is a German entrepreneur and the founder of the Müller drugstore chain. Born on September 8, 1932, in Munich, Germany, Müller's career began with a hairdressing shop in 1953. He is the owner of an eponymous drugstore chain with around 880 stores across seven European countries. As of March 10, 2026, his net worth is estimated to be $4.7 billion, making him a prominent figure in the retail industry. His wealth source primarily stems from his drugstore business, which generates approximately $4.4 billion in annual revenue. Müller's work ethic and strategic vision have propelled the company's growth, establishing him as a key player in the European retail landscape.

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

Wealth Over Time

In-Depth Profile

Early Life

Erwin Franz Müller was born on September 8, 1932, in Munich, Germany. He completed his training as a hairdresser in 1947 and passed his master craftsman exam in 1957. His entrepreneurial journey began with a small hairdressing salon.

Rise to Success

In 1953, Müller opened his first hairdressing salon in Unterfahlheim, near Ulm. His business expanded in 1966 with a branch in Ulm-Braunland, which included a hairdressing salon, perfumery, and drugstore sales. Müller's innovative approach, such as opening his stores on Mondays despite the regulations, caused him to be excluded from the hairdresser's guild. However, this caught the attention of Hugo Mann, who was building the Wertkauf consumer market chain. Müller opened his first concessionary store in the Wertkauf-Center in Munich, a hairdresser's salon with a drugstore and perfumery section. The first "pure" Müller drugstore was established in 1973 in Ulm-Böfingen. In 1995, Müller acquired the Café Gerbeaud in Budapest. Müller's dedication to the drugstore business, combined with his strategic decisions, led to the company's growth and his substantial wealth.

Key Business Strategies

Müller's key business strategy involved the expansion of his drugstore chain. His stores sell a wide range of products, including health and beauty items, fragrances, stationery, toys, multimedia, household items, and over-the-counter drugs. The chain's success is also attributed to its broad assortment of affordable, high-quality products and convenient online shopping options. The company has maintained steady top-line growth, making it a leading European retailer in its category.

Philanthropy

There is no publicly available information about specific philanthropy amounts or initiatives made by Erwin Franz Müller.

Career Milestones

1953

Founded first hairdressing shop

Opened a hairdressing shop in Unterfahlheim, near Ulm, marking the beginning of his business career.

1966

Expanded business with a branch

Opened a branch in Ulm-Braunland, including a hairdressing salon, perfumery, and drugstore sales.

1973

Established first pure drugstore

The first "pure" Müller drugstore was established in Ulm-Böfingen.

1995

Acquired Café Gerbeaud

Müller acquired the Café Gerbeaud in Budapest.

2022

Retook the helm of the company

Müller retook the helm of his drugstore chain at the age of 89.