Alexander Otto (businessman)

Alexander Otto
Born (1967-07-07) 7 July 1967 (age 57)
NationalityGerman
EducationHarvard College
Harvard Business School
OccupationBusinessman
Parent(s)Werner Otto
Maren Otto
RelativesKatharina Otto-Bernstein (sister)
Michael Otto (brother)
Frank Otto (brother)

Alexander Otto (born 7 July 1967) is a German billionaire businessman. As of December 2024, Forbes estimated his net worth to be US$8.4 billion.[1]

Early life

Alexander Otto was born on 7 July 1967. He is son of Werner Otto and his third wife, Maren Otto.[2] He earned a bachelor's degree from Harvard College, and an MBA from Harvard Business School.[1]

Career

Otto is a part-owner of Otto Group, founded by his father Werner Otto. He is the majority owner and CEO of ECE Group, a commercial property company specialising in shopping centres, which was also founded by his father.[1] He has joined the family business in 1994.

He is also a member of the supervisory board of the Otto Group, of Deutsche EuroShop AG and of SITE Centers in Cleveland/USA.

According to the magazine Forbes his net worth is $12.1 Billion.[1] The Otto family is consistently ranked among the wealthiest Germans.

Personal life

Otto is married to Dorit Otto and lives in Hamburg, Germany.[1]

References

  1. ^ a b c d e "Forbes profile: Alexander Otto". Forbes. Retrieved 7 November 2021.
  2. ^ "Bloomberg Billionaires Index: Alexander Otto". Bloomberg LP. Retrieved 22 July 2019.


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