Dieter Schwarz — the Richest German: How the Retail Empire Earned Him 41 Billion.

The title of the richest people in the world has long been held by American businessman Elon Musk. He is known literally everywhere, while European billionaires are talked about much less. It's interesting to find out who in has the reputation of the wealthiest person and what this person actually does.

The News.LIVE website explains how Dieter Schwarz earned his money, becoming the richest person in Germany.

The Richest Person in Germany

According to data from and the ranking 'The Richest People In The World 2025', the richest German is Dieter Schwarz. His position in the list of the richest people in the world is 37th, and his net worth is estimated at 41 billion dollars. Schwarz's main source of wealth is retail.

This man is the owner of the Schwarz Group, which owns popular supermarket chains Lidl and Kaufland. Dieter inherited the business from his father Josef, who in 1930 became a partner of the fruit wholesaler — Suedfruechte Grosshandel Lidl & Co. Currently, Schwarz Group is considered the largest retail empire in Europe, employing over 500,000 workers.

Who is the Richest in Europe

The Forbes list includes representatives from various countries, among them about 770 billionaires who are residents of Europe. The top ten wealthiest individuals are:

• Bernard Arnault (France) — 178 billion dollars;
• Amancio Ortega (Spain) — 124 billion dollars;
• Dieter Schwarz (Germany) — 41 billion dollars;
• Markus Molitor (Austria) — 40.6 billion dollars;
• Giovanni Ferrero (Italy) — 38.2 billion dollars;
• Gianluigi Aponte (Switzerland) — 37.7 billion dollars;
• Vagit Alekperov (Russia) — 28.7 billion dollars;
• Michael Platt (United Kingdom) — 18.8 billion dollars;
• Stefan Persson (Sweden) — 18.6 billion dollars;
• Renata Kellner (Czech Republic) — 18.2 billion dollars.

The ranking also notes Ukrainian billionaires: Rinat Akhmetov (7.9 billion dollars), Viktor Pinchuk (3.2 billion dollars), Petro Poroshenko (1.8 billion dollars), Andriy Verevsky (1.4 billion dollars), Vlad Yatsenko (1.2 billion dollars), Vadim Novinsky (1.2 billion dollars), and Konstantin Zhevago (1.2 billion dollars).

What Ukrainians Should Know

A court in the USA has for the first time in a case regarding a fatal accident, ordering the company to pay 329 million dollars to the victims. This ruling could lead to new lawsuits and affect Tesla's future operations.

It is also worth mentioning that in Germany are recorded: residents of Hamburg earn about 4,527 euros, Hessen — 4,325 euros. The lowest overall salary figures are recorded in Mecklenburg-Vorpommern (3,294 euros) and Thuringia (3,307 euros).