Alfred Oetker

Alfred Oetker owns 12.5% of Dr. August Oetker, a $13 billion (sales) conglomerate with interests in food, beverages, financial services and hotels.

The business began in 1891 when his great-grandfather, pharmacist August Oetker, started selling non-perishable baking powder.

After World War II, Alfred’s father, former Nazi SS officer Rudolf August Oetker, developed additional food products and successfully diversified.

Alfred studied economics at the University of Passau and Oxford, and speaks six languages.

He has a seat on the company’s advisory board.