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Götz Werner | |
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Born | Götz Wolfgang Werner 5 February 1944 |
Died | 8 February 2022
Stuttgart,
Baden-Württemberg, Germany | (aged 78)
Nationality | German |
Other names | Götz W. Werner |
Occupation | Businessman |
Known for | Founding
dm-drogerie markt UBI advocate |
Children | 7 |
Götz Wolfgang Werner (5 February 1944 – 8 February 2022) was a German billionaire businessman and founder of the dm-drogerie markt retail store chain. He was also known as an advocate of universal basic income (UBI).
In 2013, Manager Magazin estimated his net worth to be around €1.1 billion, making him the 109th- richest German. [1]
In 1973, Werner co-founded his first drugstore, dm-drogerie markt, a German drugstore chain, in Karlsruhe. By 1978, there were more than 100 branches in Germany. [2] [3] Later he was member of the advisory board of dm. [4] In 1976, Werner expanded into the Austrian market. He led the company for 35 years. From October 2003 till September 2010, he was the head of the Cross-Department Group for Entrepreneurial Studies at the Karlsruhe Institute of Technology. Till 2018 he was president of the EHI Retail Institute (EHI). [5] [6]
Inspired by Rudolf Steiner's teachings of anthroposophy, Werner was one of the most influential advocates of basic income in Germany (1000 Euros for everyone [7]). He founded the initiative Unternimm die Zukunft, or Become an entrepreneur of the future. [8]
Werner was married twice and had seven children. [9] [10] He died in Stuttgart on 8 February 2022, at the age of 78. [11] [12]
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