Oliver Samwer Net Worth 2020

Short introduction

Oliver Samwer and his brothers Alexander and Marc founded the Berlin Technology Incubator Rocket Internet in 2007 and launched them in October 2014. Often marked as cruel and fence, Oliver is a Central brother and CEO. Together, Samwers had around 37% of rockets, which were worth more than $ 8 billion at the time of his IPO. Inspired by DotCom Boom, they founded the German Alando auction house in 1999 and after several months selling it to eBay for $ 43 million. This was followed by the formation of Jamba’s cellular operator!, Which was sold to Verisign in 2004 for $ 273 million.

Early Life

Oliver graduated from secondary school in Friedrich-Wilhelm-gimnasium in Cologne. Sabine Samwer’s mother, like her father, is a lawyer in Cologne. Great-Uncle Adolf Franz Samwer is a member of the Bundestag and Chair of the German Health Insurance Council in Cologne. Grand-Grandfather Karl August Friedrich Samwer is an honorary citizen of Gotha and led Gotha’s live insurance bank from 1903 to 1930. Great-Great Great Grandfather Karl Friedrich Samwer is a professor of the Constitutional Law at Kiel at Kiel at Kiel at the State University. The three brothers founded their own family and had several children.

Along with his brothers, Marc Samwer and Alexander Samwer, Oliver Samwer is one of the three founders of Internet Rocket. He was born in 1972 and grew up with his brothers in Cologne. His father was a serious lawyer. He founded his first start-up (Ego International Trading Company) in Bolivia in 1996, the company made shoes. In 1999, he and three of his brothers Alando created a copy of the eBay American company, which bought it only a hundred days after Alando was established for $ 43 million. In 2000, he and his three brothers created Jamba, a cellular operator purchased by Verigign in 2004 for $ 273 million.

In 2007, three brothers launched Internet Rocket, participating in large amounts of internet start-up and internationally developed, including Edarling, Glossybox, Hellofresh, Ghosts, Home24, Spaceway, Westwing and Wimdu. Internet Rocket has been listed on the Frankfurt Stock Exchange since October 2, 2014. In 2013, Oliver, Marc and Alexander announced the creation of new funds to manage their personal wealth: global founder capital.

Through these funds, Oliver Samwer specifically decided to invest with Xavier Niel, Jean-David Blanc and Thibaud Elzière in French Wemoms, social networks for mothers.

Career

Brothers Oliver, Mark and Alexander Samwer share the position of 1999 with assets of USD 1.1 billion in the richest person forbes rankings in 2018. They established a parent company in Berlin in 2007. Internet rockets, which began in 2014, which began in 2014 business Order online letter from Zalando. Central Brother Oliver Samwer is the CEO of Rocket Internet. According to Forbes, brothers and sisters have around 37 percent of companies.

The founder of the Zalando online store and the Internet startup incubator rocket increasingly invest in real estate, preferably in Berlin. According to a study, Brothers Mark, Oliver and Alexander Samver themselves have traits in the center of the federal capital worth at least 150 million euros and manage it through complex corporate networks. In addition, according to the land list there are property, home and commercial space in almost every Berlin district.

In addition to Wilhelmian style apartment buildings in Prenzlauer Berg and the Commercial Area in Reinickendorf and Neukeln, there are also impressive buildings. This portfolio includes, for example, Admiralspalast, a charming entertainment place from the beginning of the 20th century, former Bayer headquarters at Kurfürstendamm and at Ullsteinhaus. Samwer Brothers will change the face of Berlin with their business model, “said Bremen Economist Rudolf Hickel.

Career spotlight.

In March 2013, it was announced that Samwer Brothers will launch € 150 million called the Global Founders Capital (GFC). This fund is designed to support young beginners throughout the world. Samwer Brothers’s third asset was registered in the Forbes list in 2018, each about one billion euros. It puts the Samwer Brothers in the list of the richest people forbes in the world in 1999.

Samwer Brothers participated in various social projects in different ways, especially in the field of education. Alexander Samwer strives for more environmental protection through entrepreneurial action and his commitment as one of the founders of leaders in climate protection initiatives.

Brothers Samwer and Rocket Internet are criticized because of their entrepreneurial actions. Many attacks aim to simulate business models and products from other companies. For example, Alaland is a replica of the AS Ebay auction platform, MyCityDeal is a copy of Groupon. According to some critics, rock packets sometimes mobilize excessive pressure, similar to investment banks and management consultants. Other accusations include advertising strategies that sometimes attract attention to employees, authoritarian management styles, high pressure and sometimes aggressive business behavior.

Net Worth 2020

As of 2020, his estimated net worth is around  $1 billion.