Karl-Heinz Kipp | |
---|---|
Born | Alzey, Germany | 12 February 1924
Died | 11 October 2017 Ascona, Switzerland | (aged 93)
Occupation(s) | Founder, Massa AG |
Spouse | Hannelore Kipp |
Children | 2, including Ursula Bechtolsheimer-Kipp |
Relatives | Laura Bechtolsheimer (granddaughter) |
Karl-Heinz Kipp (12 February 1924[1] – 11 October 2017)[2] was a German billionaire, and founder of the Massa AG department store chain. He sold the business but kept the property, and had a large property portfolio.[3] In 2017, Forbes estimated his net wealth at US$4.9 billion.[3]