Stefan von Holtzbrinck – Billionaire

Stefan von Holtzbrinck, Monika Schoeller and their half-brother Dieter inherited publishing house Verlagsgruppe Holtzbrinck from their father Georg, who founded it as a book club in 1948. Holtzbrinck Publishing Group’s business segments include Macmillan Publishers (general fiction and non-fiction) and Holtzbrinck Digital, Information & Services. The latter includes a venture capital unit that was an early investor in the online clothing retailer Zalando (the Zappos of Europe). In December 2013, continuing an exit from the newspaper business that began in 2009, the group sold its remaining 49% interest in the daily Suedkurier to Mediengruppe Pressedruck. (It still has a 50% stake in the weekly paper Die Zeit). In 2015, Holtzbrinck agreed to combine the majority of Macmillan Science and Education with Springer Science+Business Media, a scientific, technical and medical publisher owned by private equity investors. Holtzbrinck contributed various science, scholarly and education-business brands including Macmillan Education Language Learning, one of the world’s largest publishers of English Language Teaching (ELT) material; the journals Scientific American (founded in 1845) and Nature (1869); and Palgrave Macmillan, a humanities and social sciences publisher. Holtzbrinck owns 53% of the joint venture, called Springer Nature, now the world’s largest academic book publisher. “Improving communication, outcomes and careers for researchers, teachers and professionals has always been at the heart of our ambitions,” Stefan von Holtzbrinck, CEO of the Holtzbrinck Publishing Group, said in a statement announcing the deal. A lawyer by training, Stefan apprenticed at Bloomsbury Publishing in London before joining Holtzbrinck in 1994.

German billionaire Stefan von Holtzbrinck is the Co-Owner, Chairman and Chief Executive Officer of Verlagsgruppe Georg von Holtzbrinck Company, and has an estimated net worth of $1.05 billion as of March 2013. According to Forbes, he is the 57th richest person in Germany and 1332nd on the World’s Billionaires list.

Mr. von Holtzbrinck earned his estimated net worth of $1.05 billion though his inheritance of the publishing company, which was founded in 1948. He served as the chairman since 2001 for the publishing house that includes book publishers Farrar Strauss & Grioux and St. Martins & Henry Holt. Prior to that, he worked as an assistant manager of the Kirch group in Munich between 1990 and 1992.

Source:

1.  forbes

2. therichest