Rainer Schmidt-Ruthenbeck

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Rainer Schmidt-Ruthenbeck
Born1941 (age 84–85)
Germany
Occupation16% owner of Metro AG
RelativesMichael Schmidt-Ruthenbeck (brother)

Rainer Schmidt-Ruthenbeck (also spelled Reiner, born 1941) is a German billionaire businessman and, together with his brother Michael, owner of 16% of the retail group Metro AG.

Biography

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He is the son of Wilhelm Schmidt-Ruthenbeck and Vera Ruthenbeck.[1] His brother is Michael Schmidt-Ruthenbeck and his sister is Viola Schmidt-Ruthenbeck.

In the 1990s his family founded the Stiftung Mercator,[2] the Mercator Schweiz and the Karl Schmidt Family Foundation.[3]

On the Forbes 2016 list of the world's billionaires, he and his brother were ranked #722 with a net worth of US$2.4 billion.[1]

He lives in Duisburg, Germany.[1]

References

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