Vegeta Douglas net worth
Vegeta Douglas Net Worth: Bergit Douglas is a German entrepreneur with a net worth of $1.7 billion. Bergit Douglas is one of eight beneficiaries of the Oetker fortune based on the production of baking and pudding mixes, cake mixes, frozen pizzas, yoghurt and similar products. Today, Dr. Oetker is broadly diversified and is a limited partnership whose subsidiaries employ approximately 26,000 people and generate approximately $15 billion in annual revenue.
The story of this successful business dates back to 1891, when pharmacist August Oetker started selling non-perishable baking powder. He was succeeded by his grandson Rudolf August Oetker, who rose to prominence after World War II as a promoter of Dr. Oetker. The brand quickly became one of the most recognizable names in the country. According to records from 1950, the company produced more than 750 million packets of baking powder and pudding powder that year. Later, Dr. Otters added additional food products to its portfolio and expanded into beverages, as well as developed container shipping, financial services and luxury hotels. When he died in 2007, he was chairman of the company’s advisory board and is survived by eight children from three marriages. Although each of his children received a 12.5 percent stake in Bielefeld-based Dr. Oetker, a fair distribution of shares clearly failed to be a recipe for harmony. The heirs are divided into two groups: on one side are the children of Rudolf August from two previous marriages (Rosely Schweizer, August, Christian and Richard Oetker and Bergit Douglas), and on the other are siblings from a third marriage: Julia , Carl Ferdinand and Alfred Oetker another. The controversy is likely to culminate in 2017, when current leader Richard Oetker intends to step down and retire.
