Hans Riegl net worth
Hans Riegl Net Worth: Hans Riegel is a German entrepreneur with a net worth of $2.9 billion. Hans Riegel is the Gummy Bears billionaire, or in other words, he built his fortune as the owner and leader of the candy maker Haribo. Maybe it’s not that obvious, but the name is an acronym for Hans Riegel in Bonn.
Born Johannes Peter Riegel on March 10, 1923 in Bonn, Germany, he was raised as the eldest son of Hans Riegel, Sr, the inventor of gummy bears and company founder. The company was established in 1922 by absorbing many local dessert manufacturers from all over the world. The business has grown despite a weak European economy and unfortunate events on the political scene. Today, Haribo is one of the largest manufacturers of gummies and jelly confections and is credited with inventing more than 200 candies, including gummy bears, Vademecum sugar-free gum and woolen gum, as well as other jelly candies and licorice . Hans Riegel and his brother Paul restored the company after World War II and managed it together until Paul’s death in 2009. The brothers each own 50% of the company. But since Hans died single and without children, the entire company is now owned by Paul and his heirs. Paul’s son, Hans Guido Riegel, is in charge of production and technical issues, while his two other sons, Hans Juergen Riegel and Hans Arndt Riegel, sit on the Supervisory Board.
