Karl Wlaschek Net Worth
Karl Wlaschek Net Worth: Karl Wlaschek is the founder of Austrian supermarket chain Billa and has a net worth of $4.8 billion. In 1996, Karl Wlaschek sold his retail chain to the German REWE Group for around $1 billion. Since then, he has invested heavily in prime real estate, making him one of the largest private property owners in the country.
Among other properties, his real estate company Amisola bought one of Austria’s top hotels, the Schlosshotel Velden in Worther See in Carinthia. The hotel is more valuable to Wlaschek because of his emotional connection to the place: In the early 1950s, when he was a poor musician, he and his band played at the hotel for two seasons. At the time, he was a jazz pianist, stage name Charlie Walker. Unfortunately, due to poor management, the hotel has suffered significant losses in recent years. For more details on his incredible life story, see his authorized biography “Karl Wlaschek: A Success Story”. Besides being one of the wealthiest Austrians living in Vienna, he was widowed and had two children.
