Oliver Samwer Net Worth

Short introduction

Oliver Samwer and his brothers Alexander and Marc founded the Berlin Technology Incubator Rocket Internet in 2007 and launched it in October 2014. Often marked as cruel and aggressive, Oliver is a central brother and CEO. Together, Samwers has around 37% of Rocket, which is worth more than $ 8 billion during his IPO. Inspired by Boom Dotcom, they founded Alando’s German auction house in 1999 and after several months selling it to Ebay for $ 43 million. This was followed by the establishment of Jamba! Cellular Operators, which was sold to Verisign in 2004 for $ 273 million.

Early life

Oliver graduated from high school at Friedrich-Wilhelm-Gymnasium in Cologne. Ms. Sabine Samwer, like her father, was a lawyer in Cologne. Uncle Buyut Adolf Franz Samwer is a member of the Bundestag and Chair of the German Health Insurance Council in Cologne. Karl’s great -grandfather August Friedrich Samwer was a Gotha Honorary Citizen and led the Gotha Life Insurance Bank from 1903 to 1930. Group Buyut Karl Friedrich Samwer was a professor of constitutional law in the Kiel at the State University. The three siblings founded their own families and had several children.

Together with his brothers Marc Samwer and Alexander Samwer, Oliver Samwer is one of the three founders of Rocket Internet. He was born in 1972 and grew up with his brothers in Cologne. His father is a serious lawyer. He founded his first start-up (Ego International Trading Company) in Bolivia in 1996, the company made shoes. In 1999, he and his three siblings Alando made a copy of the American company Ebay, which bought it only one hundred days after Alando was established at a price of $ 43 million. In 2000, he and three of his siblings created Jamba, a cellular operator purchased by Verisign in 2004 for $ 273 million.

In 2007, The Three Brothers launched Rocket Internet, which participated in a large number of internet start-ups and was developed internationally, including Edarling, Glossybox, Hellofresh, Helling, Home24, Spaceways, Westwing and Wimdu. Rocket Internet has been registered at the Frankfurt Stock Exchange since October 2, 2014. In 2013, Oliver, Marc and Alexander announced the creation of new funds to manage their personal wealth: Global Founder Capital.

Through this fund, Oliver Samwer in particular decided to invest together with Xavier Niel, Jean-David Blanc and Thibaud Elzière in Wemoms France, the first social network for mothers.

Career highlights

In March 2013, it was announced that Samwer Brothers would launch a € 150 million called the Global Founders Capital (GFC). This fund is designed to support young start-ups throughout the world. The assets of three siblings samwer were registered in the Forbes list in 2018, each amounting to around one billion euros. This placed Samwer Brothers in the Forbes list of the richest people in the world in 1999.

Samwer Brothers participated in various social projects in different ways, especially in the field of education. Alexander Samwer strives for more environmental protection through entrepreneurial actions and commitment as one of the founders of leaders in climate protection initiatives.

Brothers and sisters Samwer and internet rocket were criticized for their entrepreneurial actions. Many attacks aim to benefit the business models and products of other companies. For example, Alando is a replica of the Ebay As auction platform, MycityDeal is a copy of the groupon. According to some critics, rocket internet sometimes puts excessive pressure, similar to investment banks and management consultants. Other accusations include advertising strategies that sometimes attract attention to employees, authoritarian management styles, high pressure and aggressive business behavior.