Heinrich Deichmann Net Worth

What is Heinrich Deichmann's Net Worth?

Heinrich Deichmann is a German businessman who has a net worth of $4 billion. Heinrich Deichmann is the son of Heinz-Horst Deichmann. Heinrich was given the reins to Europe's largest shoe retailer Deichmann-Schuhe SE by his father before he passed away in 2014.

The company has 3,500 stores and includes the US chains Rack Room Shoe and Off Broadway. In 2014 they did $6 billion in revenue and sold 167 million pairs of shoes. The company started as a small cobbler shop in 1913 and opened its first store in Dusseldorf.