Billionaire Profile
Georg Haub
Global Rank
#2447

Image: ungenannter Absender | Public domain | via Wikimedia Commons

Georg Haub

CEO, Retail
GERMANY
Real-Time Net Worth
$1.56B
Estimated based on Retail stock value as of March 6, 2026
0% (24h)
Age
64
Source
Retail
Industry
Fashion & Retail
Citizenship
GERMANY

Biography

Georg Haub, a German billionaire, derives his substantial wealth from his stake in the Tengelmann Group, a retail giant that began in 1876. At 64 years old, Haub's estimated net worth is $1.9 billion. His career has been marked by significant contributions to the retail sector, particularly within Tengelmann Group. The Tengelmann Group is a fifth-generation family business, with Georg holding a significant percentage of the company. His source of wealth is primarily retail, which includes holdings in OBI, KiK, and Babymarkt.de. He lives in Berlin, Germany, is married, and has four children.

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

Wealth Over Time

In-Depth Profile

Early Life

Georg Haub was born in Tacoma, Washington, in 1964. His father, Erivan Haub, was a German businessman and managing director of the Tengelmann Group. He has a brother, Christian Haub, who is also a billionaire and holds the majority of shares in the Tengelmann Group.

Rise to Success

Georg Haub's success is intrinsically linked to the Tengelmann Group, which has its roots in a shop opened in 1876. The group has evolved into a major retail conglomerate, with operations spanning home improvement, clothing, online retail, and food production. Georg currently holds a significant percentage of the Tengelmann Group. In 2021, his brother Christian acquired additional shares.

Key Business Strategies

The Tengelmann Group has adopted strategic approaches to ensure its growth and market share. The group has expanded its holdings to encompass several retail chains, including OBI (home improvement), KiK (clothing and non-food discounter), and Babymarkt.de (online retailer). Tengelmann also invests in startups and is active in services such as energy and consulting.

Philanthropy

While specific philanthropy amounts are difficult to pinpoint, Georg Haub's family, including his father Erivan, has demonstrated a commitment to charitable causes, including contributions to the Tacoma Art Museum.

Career Milestones

2000

Co-CEO of Tengelmann Group

Georg, along with his brother Christian, took over as co-CEOs of Tengelmann Group.

2021

Shareholder of Tengelmann Group

Christian Haub acquired additional shares in Tengelmann, with Georg holding the remaining shares

Philanthropy & Social Impact

Arts

Tacoma Art Museum

Undisclosed

His family has made contributions to the Tacoma Art Museum.