From the Editor
  • Maren Otto is the third wife of the late Werner Otto, who began a retail empire by founding a mail-order business in Hamburg in 1949.
  • She inherited a stake in the family's Otto Group and its more than 40 companies in retail (Crate and Barrel), real estate and financial services.
  • She's also a shareholder of ECE, the family's commercial real estate company focused on shopping centers. Her stepson Alexander is CEO.
  • With Alexander and her daughter, Katharina, she shares a 14% stake in Paramount Group, which owns and manages office properties in the U.S.
  • Katharina, Alexander and her other stepson, Michael, are also billionaires.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR

Forbes Lists

Personal Stats
Age
82
Source of Wealth
Retail, real estate
Residence
Berlin, Germany
Citizenship
Germany
Marital Status
Widowed
Did you know
Her daughter, Katharina Otto-Bernstein, writes and produces art movies in the U.S.
Stepson Michael Otto ran Otto Group for 26 years until 2007. He is now chairman of its supervisory board.
Related People & Companies
Germany
Germany
Citizen of Germany
View Profile
Michael Otto
Michael Otto
Related by financial asset: Otto Group
View Profile
Katharina Otto-Bernstein
Katharina Otto-Bernstein
Related by financial asset: Otto Group
View Profile
Nathan Kirsh
Nathan Kirsh
Related by origin of wealth: Retail, real estate
View Profile

More on Forbes