Heinz Bauer | |
---|---|
Born | Heinz Heinrich Bauer 28 October 1939 Hamburg, Germany |
Nationality | German |
Alma mater | University of Hamburg |
Known for | chairman of Bauer Media Group |
Spouse | Gudrun Bauer |
Children | 4 daughters, including Yvonne Bauer |
Heinz Heinrich Bauer (born 28 October 1939) is a German billionaire publisher. He is the grandson of Johann Andreas Ludolph Bauer, who founded Bauer Media Group.
After school, he trained as a compositor and printer.[ citation needed ]
On the death of his father Alfred Bauer in 1984, Heinz Bauer held 96% of the shares. In 2006, he had an estimated net worth of US$1.9 billion. [1]
As a shareholder of the Terms mortgages Rheinboden (AHBR) he turned in 2006 to its sale to the US company Lone Star and criticized in this context, the Federal Financial (BaFin).[ citation needed ]
In 2007, Bauer bought Emap, one of UK's biggest consumer magazine and radio groups, for £1.14 billion. [2] He mostly acquired the company for its radio business. [3]
In 2010, he transferred 85% of his shares to his youngest daughter Yvonne Bauer, [4] and 5% to each of her older sisters, Mirja, Nicola and Saskia. [5]
Bauer and his wife Gudrun have four daughters. Mirja Bauer was editor of the magazine Life & Style. [6] Her husband, the publishing manager Sven-Olof Reimers, has worked as Director of Digital KG in the Bauer Media Group. Yvonne Bauer leads since April 2007, Bauer Media Group, the publisher, she is since 2010. [7] Nicola Bauer is the editor of the magazine InTouch. [8] The youngest daughter Saskia Bauer heads the foreign West. [9]
Bauer and his wife Gudrun donate to charitable causes, particularly the initiative "Riding Against Hunger", Welthungerhilfe. [10]