Age, Biography and Wiki
Ralph Dommermuth was born on 19 November, 1963 in Dernbach, Germany, is a German businessman. Discover Ralph Dommermuth'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 60 years old?
Popular As |
N/A |
Occupation |
Chairman and CEO, United Internet |
Age |
60 years old |
Zodiac Sign |
Scorpio |
Born |
19 November 1963 |
Birthday |
19 November |
Birthplace |
Dernbach, Germany |
Nationality |
Germany
|
We recommend you to check the complete list of Famous People born on 19 November.
He is a member of famous Chairman with the age 60 years old group. He one of the Richest Chairman who was born in Germany.
Ralph Dommermuth Height, Weight & Measurements
At 60 years old, Ralph Dommermuth height not available right now. We will update Ralph Dommermuth'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 Ralph Dommermuth's Wife?
His wife is Judith Berger
Family |
Parents |
Not Available |
Wife |
Judith Berger |
Sibling |
Not Available |
Children |
1 |
Ralph Dommermuth Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Ralph Dommermuth worth at the age of 60 years old? Ralph Dommermuth’s income source is mostly from being a successful Chairman. He is from Germany. We have estimated Ralph Dommermuth's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$5.2 billion (July 2018) |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Chairman |
Ralph Dommermuth Social Network
Timeline
Ralph Dommermuth (born 1963) is a German businessman, the founder, chairman and CEO of United Internet.
Dommermuth was born in 1963 and raised as the son of a realtor in Montabaur, Germany.
After initial training at the Deutsche Bank, he started to work as sales freelancer for a local PC dealer in his hometown Montabaur in 1983.
In 1988, Dommermuth founded the 1&1 EDV Marketing GmbH together with a business partner.
The first business idea was called "Software Börse", a marketing tool for software companies.
For this product the company won the German direct marketing prize in 1989.
The Company also organized special exhibitions at the CEBIT in Hannover, such as the "Software-Zentrum Mittelstand" and "Software for Europe."
In 1992, his company 1&1 was commissioned by Deutsche Telekom to sell Bildschirmtext-access-points and later T-Online accounts.
After the initial success as a marketing service provider Dommermuth converted 1&1 into an internet service provider, beginning in 1996.
In March 1998, the company had its IPO as the first German Internet company.
Due to the capital increase carried out in this context, 1&1 had opportunity to participate in other IT companies such as GMX and Schlund + Partner AG.
At the height of the internet boom in the early 2000s, 1&1 Holding held shares in 17 internet companies and Dommermuth renamed the company to United Internet.
On 29 April 2005, the team was accepted as a challenger for the 32nd America's Cup just hours before the closing date.
In addition to the advertising budget provided by United Internet, Dommermuth invested around EUR 20 million from his assets in the project.
In September 2006, Ralph Dommermuth founded the United Internet for UNICEF foundation with the aim of improving the living situation of children and people in need by raising donations To this end, United Internet's marketing machine was used for donation doubling campaigns and users of WEB.DE, GMX and 1&1 were asked to make donations at regular intervals.
In 2007, Dommermuth facilitated the first participation of a German boat in the America's Cup with the newly founded United Internet Team Germany.
In 2013, Dommermuth founded the Westerwelle Foundation together with former Foreign Minister, Guido Westerwelle.
The foundation is based in Berlin and aims to promote international understanding and strengthen democracy and the market economy, the rule of law and tolerance in so-called emerging countries.
From August 2014 to June 2015, he was a member of the Supervisory Board of United Internet's investment Rocket Internet.
With more than EUR 50 million, the foundation is one of UNICEF's biggest individual donors and was awarded the newly created "Gustav Rau Prize" in 2014 and "Partner of the Year" by UNICEF Germany in 2016.
Dommermuth was the first to receive the award.
The Ralph and Judith Dommermuth Foundation provided financial support for charitable projects and has been operating the platform "Wir zusammen" (We Together) since the beginning of 2016.
There, projects of German business for the social integration of refugees and for integration into the working world are presented.
The platform was initiated by 36 companies, and over 200 well-known companies are now involved.
With an advertising campaign, "We Together" motivates other companies and their employees to become active as well.
In summer 2017, United Internet contributed its subsidiary 1&1 Telecommunication SE to Drillisch AG and received new Drillisch shares in return.
In 2017, when federal elections took place in Germany, the largest donation to a political party was provided by Dommermuth, Euro 500,000 Euro to the CDU, Germany's conservative party.
In total, United Internet owns over 75% of the renamed 1&1 Drillisch AG in January 2018.
On 1 January 2018, Dommermuth also took over as Chairman of the Management Board of this company, which was renamed again in 2021 and now operates as 1&1 AG.
1&1 AG successfully participates in the 5G frequency auction of the German Federal Network Agency in 2019.
Dommermuth thus laid the foundation for the construction of a fourth mobile network in Germany.
In August 2021, the company announces its intention to build Europe's most innovative mobile network based on the new OpenRAN technology together with the Japanese tech group Rakuten.
Construction of the mobile network is scheduled to start in the same year.
Dommermuth owns 42% of United Internet, the Germany-headquartered broadband provider, which manages brands as 1&1, GMX and Web.de, with 2020 turnover of Euro 5.4 billion, and 66 million accounts in 17 countries.
1&1 will be Borussia Dortmund's shirt sponsor at Bundesliga matches from the 2020/21 season.
For all international competitions, the DFB Cup and test matches abroad, the previous shirt sponsor Evonik Industries would remain on the jerseys.
Evonik Industries then sold just under 5 percent of its shares in Borussia Dortmund GmbH & Co. KGaA and reduced its stake to 9.8 percent.
Dommermuth acquired a 5.0 percent stake in Borussia Dortmund through his Ralph Dommermuth Beteiligungen GmbH in early March 2020.
Dommermuth is Germany's sole Internet billionaire, and the country's youngest self-made billionaire.