Michael Otto

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• Name: MICHAEL OTTO
• English name: MICHAEL OTTO
• Native name: ---
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Description: Michael otto shares in a retail empire his late father, werner otto, founded as a mail-order business in hamburg in 1949. as chief executive, he ran his family's otto group for 26 years until 2007. he is now chairman of its supervisory board. with revenues exceeding $15 billion, otto group has more than 40 companies in retail (including crate and barrel), real estate and financial services. michael's brother alexander, stepmother maren and her daughter katharina -- all billionaires -- also own stakes in otto group. separate from michael, they own ece group, a real estate company focused on shopping centers, and a stake in office property firm paramount group.

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• Gender: MALE
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• Germany

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