Gotz Werner, a famous German businessman, died on 8 February 2022, at the age of 78. How did he die? Learn about his death cause and other facts of his life in this article.
Apart from being a businessman, he was a popular advocate of universal basic income (UBI), a sociopolitical financial transfer policy proposal. He was the co-founder of a German Drugstore chain named dm-drogerie markt.
By 1978, the business chain expanded to more than 100 branches in Germany alone. Later, he was elected as an advisory member of the dm. In 1976, he expanded his business to Austria.
Born on February 5, 1944, Werner was the son of a druggist from Heidelberg. During his lifetime, he built the company with 66,000 employees.
Gotz Werner Death Cause Revealed
The famous business personality, Gotz Werner, passed away at the age of 78. According to his close family members, his deteriorating health condition became the cause of his death.
The Karlsruhe-based company confirmed his death on Tuesday morning. According to the report, his strength had steadily decreased in the past few months, his radius of activity had been increasingly restricted.
According to his son, Christopher Werner, CEO of dm, his father took his last breath peacefully. His family is in deep and silent sorrow. May God provide strength to his family and relatives to mourn.
May his soul rest in peace.
Farewell fellow advocate Gotz Werner.
Thank you! Rest well.
?#UBI #BasicIncomehttps://t.co/3YOAzBtg77— BasicIncomeVictoriaBC ??? (@BasicBc) February 8, 2022
Gotz Werner Wife And Kids Revealed
Gotz Werner married twice in his lifetime and was a father of seven children. His recent wife is Beatrice. He leaves behind his partner, several children, and grandchildren.
However, there is very little information available about his first partner. Furthermore, Beatrice was the sister of his best friend, and he met her through his friend, Gotz Rehn. Gotz Rehn was once a very good friend of Werner, who later became brother-in-law.
Werner’s eldest son, Christopher Werner, is the CEO of his company. Christopher took the charge in 2019 after his father announced his retirement from operational activities.
Umro osnivač DM-a Gotz Werner https://t.co/5Sa3KZle9u
— NA Patria (@AgencijaPatria) February 8, 2022
Gotz Werner Net Worth: How Wealthy Was He?
Gotz Werner was one of the wealthiest businessmen in Germany. In 2013, Manager Magazin estimated his net worth to be around $1.1 billion, making him 109th-richest German.
Gotz worked as the CEO of his company for almost 35 years. During his tenure, the company reached new heights and expanded to various corners of Europe.
Besides, he worked as the head of the Cross-Department Group for Entrepreneurial Studies at the Karlsruhe Institute of Technology from 2003 to 2010. He also served as the president of the EHI Retail Institue till 2018.
In addition, he was the founder of initiatives like Unternimm die Zukunft or Become an entrepreneur for the future.