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Karl-Heinz Kipp

(1924-2017)
Founded the Massa chain of German department stores in 1948. In 2010 the Forbes list of the worlds richest people ranked him 154th with net wealth of $5Bn.
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Karl-Heinz Kipp (12 February 1924 – 11 October 2017) was a German billionaire, and founder of the Massa department store chain. He sold the business but kept the property, and had a large property portfolio. In 2017, Forbes estimated his net wealth at $4.9 billion.

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Born
12 February 1924
Alzey, Germany
Died
11 October 2017 (aged 93)
Arosa, Switzerland
Zodiac Aquarius
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