Wolfgang Reimann Success Story
Mr Wolfgang Reimann is a German consumer products magnate and shareholder of JAB Holding Company. According to Forbes’, he is ranks 418th in world’s billionaire list and his assets are worth $4.4 Billion.
Wolfgang Reimann was born in 1953. He was adopted by Mr Albert Reimann, owner of Reckitt Benckiser.
Wolfgang inherited 11.1% shares of the company from his father. He invested in the the consumer products market.
Wolfgang Reimann bought shares of the cosmetics giant Coty Inc. in the year 1992. This gave a major boost to his JAB Company in the customer good arena. In 2000, his company established a luxury trading firm, Labelux. In 2011, Wolfgang Reimann elevated his success a notch higher when he acquired a shoe making firm from Jimmy Choo. In the same buying streak, Wolfgang’s JAB also procured the services of vogue marquees, Belstaff and Bally. In 2012, he entered the world of beverages by purchasing the shares of California based coffee making companies, Emeryville and Caribou. He bought Amsterdam based hot beverage company, D.E. Master Blenders in 2014. Wolfgang is soon to take the reins of Einstein Noah Restaurant Group in his hand, which will facilitate his company, JAB getting a stronghold on Einstein Bros and Noah’s New York Bagels.