Hubert Burda net worth

Short introduction

Hubert Burda is a German publisher and owner of Hubert Burda Media.

Youth

Hubert Burda was born in Heidelberg in 1940 as the son of the pair of Publishing Franz and Aenne Burda. During his school he took painting lessons and since then pursuing the desire to become a painter. His father was not surprised by this desire and wanted a different career for his son. Franz Burda made a compromise with Hubert that he could study the history of art if he completed the subject at the age of 25, including a doctorate. After graduating from high school, Burda studied the history of art, archeology and sociology at Ludwig University Maximilians in Munich and at universities in Rome, Paris and London. At the age of 26 he received a doctorate in art history.

Career

After receiving his doctoral title, Burda went to the United States for a while, where he volunteered at advertising agents and publishers. He then worked until 1974 in Germany as the head of publishing in the in-house “Bild Und Funk” magazine. In 1969 he tried his own magazine “M – The Magazine for Men”. The magazine project was stopped after a year, on Franz’s decision. The latter is really Catholic and disagree with the contents of the magazine. From 1965 to 1975 Hubert Burda was the editor in chief of the “Bunte” picture magazine. After his father Franz died in 1986, the publisher was forwarded to Hubert Burda and his brothers Frieder and Franz. Hubert Burda acquired the shares of the two brothers and became the sole shareholder and CEO of Burda Holding. In 1999, the name Burda Holding was changed to Hubert Burda Media.

Career spotlight

With the news magazine “Focus”, Hubert Burda, along with journalists and media entrepreneurs Helmut Markwort, managed to compete with the great rival “Der Spiegel”. In addition to a successful “focus” magazine, Burda continues to expand many magazines and thus can produce the main added value. The Hubert Burda Media product ranks no longer only includes publishing, but also large digital offers such as Holidaycheck, Xing and Cyberport, international cooperation (including “Hachette” French publishers) and overseas expansion, such as in Russia or India. All company divisions together have around 12,000 employees. Together, the company produced sales of around 2.7 billion euros. With a total wealth of 3.7 billion Euros, Hubert Burda is one of the richest people in the world according to the 2018 Forbes list with 588 places. In Germany, he is the third richest publisher after Friede Springer and Elisabeth Mohn.

Famous quote

“The success of an idea is not determined by the size of the company, but by its innovative spirit.”

“Competition is good for people. It creates innovation. It offers an alternative and reasonable price. Worth fighting for. “

“Stir dust rather than wearing dust.”

“Contradiction is a life machine.”

“Modern thinking and brilliant knowledge throbbing in the flow of binary data through the network. Future prosperity grows here. “

“The most valuable potential is good employees.”

Amazing facts

In 2001 Hubert Burda founded the “Felix Burda Foundation” together with his ex -wife Christa Maar. This campaign is to increase early detection of colorectal cancer. Felix Burda, the oldest son of Hubert Burda publisher, died of colorectal cancer at the age of 33, where his parents founded this non -profit foundation. In addition, Burda donated several prizes, such as the “Petracar” International Literature Award (1975) or Hermann Lenz prize for German literature in 1999. In Munich with a donation of one million euros. Hubert Burda received several awards, including “Professor of Honorary Prime Minister of the State Minister Baden-Württemberg” and “Big Cross Merit with Stars”.