Axel Oberwelland (born 1 August 1966) is a German
billionaire
A billionaire is a person with a net worth of at least 1,000,000,000, one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The ...
heir and businessman, the owner of the confectionery manufacturer
August Storck
August Storck KG () is a German candy producer with headquarters in Berlin, owned by Axel Oberwelland. Its subsidiary in the United Kingdom has been the company Bendicks in Winchester since 1988. The main facility of Storck in Germany is ...
, founded by his eponymous great-grandfather in 1903.
The company is best known for its brands
Werther's Original
Werther's Original (from the original German: Werthers Echte) is a brand of caramel candy owned by the German company '' August Storck KG'', based in Berlin, Germany. The candy is popular in Europe and North America.
History
The sweet brand ...
,
Riesen and
Toffifee.
Early life
Axel Oberwelland was born on 1 August 1966 in
Bielefeld
Bielefeld () is a city in the Ostwestfalen-Lippe Region in the north-east of North Rhine-Westphalia, Germany. With a population of 341,755, it is also the most populous city in the administrative region ('' Regierungsbezirk'') of Detmold and ...
,
the son of Klaus Oberwelland.
He went to high school in Bielefeld, followed by a boarding school near
St. Moritz
St. Moritz (also german: Sankt Moritz, rm, , it, San Maurizio, french: Saint-Moritz) is a high Alpine resort town in the Engadine in Switzerland, at an elevation of about above sea level. It is Upper Engadine's major town and a municipality ...
, Switzerland, and then studied business at the
University of St. Gallen, Switzerland.
Career
He has led the company since his father Klaus Oberwelland retired in 2003, to coincide with the company's centenary.
In April 2018, his net worth was estimated at $3.9 billion.
Personal life
He is married to Bergit Oberwelland, with four children, and lives in Berlin, Germany.
References
1966 births
German billionaires
Living people
University of St. Gallen alumni
Businesspeople from Bielefeld
{{Germany-business-bio-stub