Maren Otto
- Maren Otto is the third wife of the late Werner Otto, who began a retail empire by founding a mail-order business in Hamburg in 1949.
- She inherited a stake in the family’s Otto Group and its more than 40 companies in retail (Crate and Barrel), real estate and financial services.
- She’s also a shareholder of ECE, the family’s commercial real estate company focused on shopping centers. Her stepson Alexander is CEO.
- With Alexander and her daughter, Katharina, she shares a 14% stake in Paramount Group, which owns and manages office properties in the U.S.
- Katharina, Alexander and her other stepson, Michael, are also billionaires.
