Friedhelm Loh (born 16 August 1946) is a German billionaire businessman. He is the founder and chairman of the Friedhelm Loh Group, a manufacturing company that grew out of a business he inherited from his father.
Early life
Friedhelm Loh is the son of Rudolf Loh, who founded a company 1961 after inventing the “first mass-produced enclosures for electrical control systems”.
Career
Loh serves as the Chairman of the Friedhelm Loh Group.
On the Forbes 2016 list of the world’s billionaires, he was ranked #722 with a net worth of US$2.4 billion.
Personal life
He is married with three children and lives in Haiger, Germany.
Summary
Friedhelm Loh | |
---|---|
Born | 16 August 1946 (age 70) |
Residence | Haiger, Germany |
Nationality | German |
Net worth | US$2.4 billion (Forbes 2016) |
Spouse(s) | married |
Children | 3 |
Parent(s) | Rudolf Loh |
- Friedhelm Loh’s group of companies provides software, products and services to industries including switchgear manufacturing and utilities.
- His largest company, Rittal, supplies electrical enclosures, climate-control technology, power distribution gear and IT infrastructure.
- He inherited the business from his father, Rudolf, who invented the first mass-produced enclosures for electrical control systems.
- Today, the group has over 11,500 employees, 80 global subsidiaries and annual revenue of around $3 billion.
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