Karl-Heinz Kipp Net Worth Forbes Total Income/Salary Monthly Yearly & Earning Per Day Week

Karl-Heinz Kipp is the billionaire founder of the Massa chain of German department stores and, having since sold the business whilst keeping the property, has a large property portfolio.

Karl-Heinz Kipp Net Worth Forbes Total Income/Salary Monthly Yearly & Earning Per Day Week

Karl-Heinz Kipp Net Worth Forbes Total Income/Salary

Born: 1924

Children: Ursula Bechtolsheimer

Karl-Heinz Kipp Net Worth Forbes Total Income/Salary Monthly Yearly & Earning Per Day Week:

Net Worth:  $5.1 Billion

Source of Wealth:  Retail
Birth Place:  Germany
Marital Status:  Married (Hannelore)
Full Name:  Karl-Heinz Kipp
Nationality:  German
Occupation:  Businessman
Children:  2 (Ernst, Ursula)
Karl-Heinz Kipp has an estimated net worth of $5.1 billion. After the World War II, Karl-Heinz Kipp started his retail business by selling clothes in 1948. In 1965, he opened the first Massa Department Store. In 1986, he sold the chain but retained the property which is now rented by the retailer Metro.

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