Age, Biography and Wiki
Horst Dassler was born on 12 March, 1936 in Erlangen, Middle Franconia, Germany, is a German businessman (1936–1987). Discover Horst Dassler'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 51 years old?
Popular As |
N/A |
Occupation |
Entrepreneur |
Age |
51 years old |
Zodiac Sign |
Pisces |
Born |
12 March 1936 |
Birthday |
12 March |
Birthplace |
Erlangen, Middle Franconia, Germany |
Date of death |
9 April, 1987 |
Died Place |
Erlangen or Herzogenaurach, Middle Franconia, West Germany |
Nationality |
Germany
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We recommend you to check the complete list of Famous People born on 12 March.
He is a member of famous executive with the age 51 years old group.
Horst Dassler Height, Weight & Measurements
At 51 years old, Horst Dassler height not available right now. We will update Horst Dassler'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 Horst Dassler's Wife?
His wife is Monika
Family |
Parents |
Adolf Dassler (father)Käthe Dassler (mother) |
Wife |
Monika |
Sibling |
Not Available |
Children |
Suzanne, Adi |
Horst Dassler Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Horst Dassler worth at the age of 51 years old? Horst Dassler’s income source is mostly from being a successful executive. He is from Germany. We have estimated Horst Dassler'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 |
executive |
Horst Dassler Social Network
Instagram |
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Wikipedia |
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Imdb |
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Timeline
Horst Dassler (12 March 1936 – 9 April 1987) was a German businessman.
The son of Adolf "Adi" Dassler, founder of Adidas.
Horst Dassler founded Arena, a swimwear company, and became chairman of Adidas, and at the time of his death it was the world's largest sporting goods manufacturer with affiliates in 40 nations.
Horst himself was known as the father of sports sponsorship as a result of his separate business of managing rights for the world governing bodies of football and the Olympics.
Horst was also the nephew of Rudolf Dassler, founder of Puma.
Dassler joined his father's firm in 1960 and founded an Adidas affiliate in Alsace that later became the dominant sporting goods manufacturer in France.
In the mid 1970s Dassler formed arguably the first sports marketing firm with British advertising executive Patrick J. Nally.
The two approached newly elected FIFA President João Havelange, who believed that the soccer body was not maximizing revenues.
Dassler proposed obtaining corporate sponsorships for the World Cup and other activities of FIFA.
It took the two 18 months of high pressure salesmanship to persuade Coca-Cola to become FIFA's first corporate sponsor, committing $8 million.
Coca-Cola thus became the first exclusive worldwide sponsor of a sport.
Dassler and Nally continued acquiring sponsorships from blue chip companies like McDonald's and Levi Strauss.
Dassler's business practices had few limits and David Yallop in his book How they Stole the Game says his relationship with Havelange was "Drahtzieher."
Dassler was the "puppetmaster."
Dassler had been impressed by the performance of Mark Spitz at the 1972 Munich Olympics.
Having developed an ultra-light fabric, Dassler persuaded Australian swimmer Shane Gould to enter a sponsorship agreement to promote the Shane Gould Female Swimsuit Collection.
Among Dassler's achievements was the founding of the Arena line of swimwear in 1973.
Beyond signing individual athletes, Dassler led Adidas's pioneering drive to sign national sports federations and Olympic committees to exclusive shoe and apparel contracts.
Although Adidas lost considerable share of this business after Dassler's death, even five years later Adidas had ties with about 100 companies.
After the death of his father in 1978, Dassler's mother Käthe Dassler became chairman of the company and Dassler returned to Germany to take his place in the top management of the firm.
In the 1982 Dassler broke with Nally and established ISL Marketing A.G. (ISL), a firm which continued marketing FIFA rights but also added television rights to the advertising package which it bought up en masse from FIFA.
When his mother died in 1984, Dassler assumed the office of chairman, a position he retained until his death.
On assuming control, Dassler was immediately faced with the challenge of increasing competition for sports shoeware: Nike, Inc. was eroding Adidas's market share in the United States and Japan, and Puma SE, a company founded by Dassler's uncle after a dispute with his father, had increased its sales of athletic footwear by 35% the previous year.
Dassler responded to the challenge by installing a professional management team at company headquarters to replace family members.
In the United States, where Adidas's sales had slipped to one third of Nike's, Dassler attempted to diversify distribution channels and respond to a shift in consumer demand from athletic to casual footwear, a shift that Adidas had failed to satisfy.
Horst Dassler was known as the father of sport sponsorship.
In May 1985 ISL was selected to manage the corporate sponsorship program of the International Olympic Committee (IOC).
The highly lucrative contract was awarded without competitive bidding, and even without providing the opportunity to Nally's rival marketing company, West Nally, Ltd., to make an alternative proposal.
Many suspected that personal relations between Adidas and the IOC was behind the private arrangement.
IOC President Juan Antonio Samaranch denied any impropriety, and Dassler, claiming to be motivated solely by good will for the Olympics movement, denied he had a conflict of interest.
According to British sports journalists Vyv Simson and Andrew Jennings, Dassler and ISL were largely responsible for turning the Olympics into a hugely successful revenue-generating enterprise.
Dassler used his contacts to obtain Olympic sponsorship by Coca-Cola and other important companies and obtained Olympic financing from Monte Carlo banks.
Years later, Samaranch was the main eulogist at Dassler's funeral.
Horst Dassler died on 9 April 1987 from complications due to cancer.
He left behind his wife Monika and two children, Suzanne and Adi.
Years after Dassler's death, in May 2001 ISL filed for bankruptcy, with a stated net debt of $300 million.