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Heinz Bauer (publisher)
German billionaire publisher (born 1939) From Wikipedia, the free encyclopedia
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Heinz Heinrich Bauer (born 28 October 1939) is a German billionaire publisher. He is the grandson of Johann Andreas Ludolph Bauer, who founded the Bauer Media Group.
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Early life
After school, he trained as a compositor and printer.[citation needed]
Career
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]
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Personal life
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]
External links
References
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