Stefan von Holzbrink net worth
Stefan von Holzbrink net worth: Stefan von Holtzbrinck is a German Juris Doctor and publisher with a net worth of $1 billion. However, he earned his net worth as co-owner, chairman and CEO of the Verlagsgruppe Georg von Holtzbrinck Company, the publishing house his father Georg founded as a book club in 1948.
After Georg’s death in 1983, his children Stefan von Holtzbrinck and Monika Schoeller and their half-brother Dieter inherited one of Germany’s largest media companies. Holtzbrinck is a lawyer by training, and before joining Holtzbrinck in 1994, he apprenticed at Bloomsbury Publishing in London. He was well-earned in the operation of the company when there were major changes in the company. Following a major restructuring in 2012, the Holtzbrinck Publishing Group consists primarily of Macmillan Science and Education, Macmillan Publishers (general fiction and non-fiction) and Holtzbrinck Digital, Information & Services. Since 2009, the group has been working on getting out of the newspaper business, which is why in 2013 it sold its remaining 49% stake in the Daily Südkurier to Mediengruppe Pressedruck. Subsequently, the group’s 2012 revenue fell 12.4 percent year-on-year to 1.88 billion euros ($2.54 billion). But net profit rose 85 percent to 129.2 million euros ($175.5 million).
