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# Dieter Schnabel

Random fact: Wife is Mexican and their three sons were born in Mexico.

Overview

Schnabel is the owner of Helm, a closely held chemicals distributor based in Hamburg, Germany. The company's products include feedstocks, crop protection, pharmaceutical ingredients, fertilizers and logistics services. Helm has operations in more than 30 countries and had sales of 6.9 billion euros ($7.7 billion) in 2016.

As of Sept. 22, 2017:
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Industry Industrial
Biggest asset N/A
Citizenship Germany
Age 70
Wealth Inherited
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Relative Value

Dieter Schnabel's net worth of can buy ...

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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

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Biography

Birthdate: 11/5/1946
Family: Married, 3 children

Dieter Schnabel was born in Hamburg, Germany in 1946, to businessman Hermann Schnabel and his wife. His father purchased an export firm founded by Karl Otto Helm in 1950, turned it into a chemical trading business, and hired his son as an apprentice in 1968.

Schnabel moved to Mexico in 1971, where he met his future wife, to expand Helm's business in the region. He moved back to Hamburg in 1982 to run Helm's German business and succeeded his father as CEO and chairman of the company two years later.

Over the next 25 years, Helm's sales increased 10-fold as Schnabel moved the business away from chemical trading and made it a company that markets and distributes chemical products for businesses in the pharmaceutical, fertilizer and food industries. He became Helm's sole owner when his father died in June 2010. Schnabel retired as chairman of the executive board in 2012, and became chairman of the supervisory board instead.

Schabel and his wife live in Hamburg. They have three children.

Milestones
  • 1946 Dieter Schnabel is born in Hamburg.
  • 1950 Father purchases Helm; becomes specialist in trading chemicals.
  • 1968 Starts an apprenticeship at Helm under his father's tutelage.
  • 1974 Becomes managing director of Helm's Mexican subsidiary.
  • 1978 Helm is turned into a family-owned stock corporation.
  • 1982 Returns to Hamburg to manage Helm's business in Germany.
  • 1984 Succeeds his father as chairman of the executive board.
  • 2012 Retires as executive board chairman; oversees supervisory board.