Hubert Burda Net worth 2020

Hubert Burda Net worth 2020

Short introduction

Hubert Burda is a German publisher and owner of Hubert Burda Media.

Earth life

Hubert Burda was born in Heidelberg in 1940 as the son of the pair of Publishing Franz and Aenne Burda. In his school, he took a painting lesson and since then pursues the desire to become a painter. His father was not surprised by this desire and wanted a different career for his son. Franz Burda made a compromise with Hubert that he could study art history if he completed the subject at the age of 25, including a doctorate. After graduating from high school, Burda studied the history of art, archeology and sociology at Ludwig Maximilians University in Munich and at universities in Rome, Paris and London. At the age of 26, he received a doctorate in art history.

Career

After receiving his doctorate, Burda went to the United States for a while, where he became a volunteer in advertising agencies and publishers. He then worked until 1974 in Germany as head of publishing in the in-house magazine “Bild und Funk”. In 1969 he tried his own magazine “M – The Magazine for Men”. The magazine project was stopped after a year, the decision of Father Franz. The latter was truly Catholic and disagreed with the contents of the magazine. From 1965 to 1975 Hubert Burda was the editor at the illustrated “Bunte” magazine head. After his father Franz died in 1986, the publishing house passed to Hubert Burda and his brothers Frieder and Franz. Hubert Burda acquired the second share of the brother and became a shareholder and CEO of Burda Holder. In 1999 the name Burda Holding was changed to Hubert Burda Media.

Career spotlight.

With the news magazine “Focus”, Hubert Burda, along with journalists and Entrepreneurial Media Helmut Markwort, managed to compete with a big rival “Der Spiegel”. In addition to the successful “focus” magazine, Burda continues to expand many magazines and thus can produce major added value. The series of products Hubert Burda Media no longer only includes publishing, but also large digital offers such as HolidayCheck, Xing and Cyberport, international cooperation (including with French publishers “Hachette”) and expansion abroad, such as in Russia or India. All company divisions together have around 12,000 employees. Together, the company produced sales of around 2.7 billion euros. With a total wealth of 3.7 billion euros, Hubert Burda is one of the richest people in the world according to the 2018 forbes list with 588 places. In Germany, he was the third richest publisher after Friede Springer and Elisabeth Mohn.

Famous quotes

“The success of an idea is not determined by the size of the company, but with its innovative spirit.”

“Good competition for people. It creates innovation. It offers an alternative and reasonable prices. Worth fighting for.”

“Instead raise dust rather than wearing dust.”

“Contradiction is the engine of life.”

“Modern thinking and brilliant knowledge pulses in binary data flow through the network. Tomorrow’s prosperity is growing here.”

“The most valuable potential is good employees.”

Amazing facts

In 2001 Hubert Burda founded the “Felix Burda Foundation” along with his ex-wife Christa Maar. This campaign is to increase early detection of colorectal cancer. Felix Burda, the oldest son of Hubert Burda’s publisher, died of colorectal cancer at the age of 33, where his parents founded this non-profit foundation. In addition, the Burda contributed several prizes, such as the International Literary “Petracar” (1975) award (1975) or Hermann Lenz Gift for German-speaking literature in 1999. In addition, the publisher is committed to the reconciliation of German-Jewish and supporting the Jewish Museum in Munich with a million contributions euro. Hubert Burda received several awards, including the “Honorary Professor position of the Baden-Württemberg State Prime Minister” and “Merit Cross with stars”.

Net Worth 2020

As of 2020, His estimated net worth is around $ 2.6 Billion.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *