Age, Biography and Wiki
Helmut Horten was born on 8 January, 1909 in Bonn, Kingdom of Prussia, German Empire, is a German businessman. Discover Helmut Horten's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 78 years old?
| Popular As |
N/A |
| Occupation |
Businessman |
| Age |
78 years old |
| Zodiac Sign |
Capricorn |
| Born |
8 January 1909 |
| Birthday |
8 January |
| Birthplace |
Bonn, Kingdom of Prussia, German Empire |
| Date of death |
30 November, 1987 |
| Died Place |
Croglio, Ticino, Switzerland |
| Nationality |
Russia
|
We recommend you to check the complete list of Famous People born on 8 January.
He is a member of famous Businessman with the age 78 years old group.
Helmut Horten Height, Weight & Measurements
At 78 years old, Helmut Horten height not available right now. We will update Helmut Horten's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Helmut Horten's Wife?
His wife is Heidi Jelinek (m. 1966)
| Family |
| Parents |
Not Available |
| Wife |
Heidi Jelinek (m. 1966) |
| Sibling |
Not Available |
| Children |
Not Available |
Helmut Horten Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Helmut Horten worth at the age of 78 years old? Helmut Horten’s income source is mostly from being a successful Businessman. He is from Russia. We have estimated Helmut Horten's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
Helmut Horten Social Network
| Instagram |
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| Linkedin |
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| Twitter |
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| Facebook |
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| Wikipedia |
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| Imdb |
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Timeline
Helmut Horten (8 January 1909 – 30 November 1987) was a German entrepreneur who built up and owned the fourth-largest chain of department stores in Germany, Horten AG.
Helmut Horten was born on January 8, 1909, in Bonn, Kingdom of Prussia.
Horten built his vast fortune by forcefully buying Jewish businesses as part of Hitler’s Aryanization process.
Horten was apprenticed in a Düsseldorf department store belonging to Leonhard Tietz before working for the Duisburg department store of the Gebrüder Alsberg (Alsberg brothers) company.
When the Nazis came to power in 1933, Horten was able to acquire the company from the Jewish owners, Strauß and Lauter, who fled to the United States.
He was aided in this transaction by the banker Wilhelm Reinhold of the Commerz- and Disconto-Bank.
The bank was to become a partner in the newly formed Horten & Co.
Until 1939, Horten acquired several other department stores and enjoyed a good relationship with the Nazi government despite that his uncle, the (later) Catholic saint Titus Maria Horten died in custody in 1936.
Horten was able to acquire the distribution rights to certain goods which were scarce due to the Second World War.
After the Second World War, Horten was interned by the British Army in 1947 in Recklinghausen.
Following a hunger strike he was released in 1948.
He soon continued with the consolidation and expansion of his company, which he still owned.
Horten introduced Germany's first supermarket after a visit to the United States, the copying of this business model expanding the group quickly.
In 1960, Horten met 19-year-old Austrian Heidi Jelinek, a woman 32 years his junior, in a hotel bar in Velden am Wörthersee.
The couple married on 23 July 1966 in Düsseldorf-Lohausen and moved to Croglio in the Swiss canton of Ticino at the end of 1968.
Horten enjoyed living the life of a wealthy man: he owned a BAC 1-11 as a private jet, a series of private yachts named after Carinthia, and a villa in Mülheim an der Ruhr.
In Duisburg, the centre of his business activities, he made donations to the tennis club, the carnival and the zoo.
The Helmut Horten Stiftung promotes medical research.
His widow inherited his $1 billion fortune and lived between homes in Croglio, Lyford Cay, by the Wörthersee in Austria and a penthouse in Vienna.
Rated within the world's 500 richest people by Forbes, she also commissioned and owned one of the world's largest yachts, the Carinthia VII.
Due to controversy over the source of the Horten fortune, Christie's committed to contributing a portion of the profits from Heidi Horten's posthumous jewellery sale to Holocaust education and related causes.
On August 31, 2023, Christie's cancelled the auction entirely after Jewish charities and organizations refused to accept any monies related to the sale.
In 1968, with 25,000 staff and turnover of the equivalent of €1 billion in West German marks, he floated the group on the Frankfurt Stock Exchange.
In 1972, Horten sold his majority stake and retired from the business, which controversially lost a great deal of value soon afterwards.
In 1994 the chain was bought by Kaufhof Holding AG, merged into the German retail group METRO AG in 1996.
