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August Oetker Net Worth

August Oetker Net Worth, Biography, Wiki in 2017-2016

How rich was August Oetker?

August Oetker net worth:
$1.7 Billion

August Oetker information

August Oetker information

Birth date: 1862-01-06
Birth place: Obernkirchen, Germany
Death date: 1918-01-10
Siblings:Rudolf August Oetker

August Oetker profile links

August Oetker profile links

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August Oetker Net Worth, Biography, Wiki 2017-2016

Dr. August Oetker (January 6, 1862 – January 10, 1918) was born in Obernkirchen, Germany and died in Bielefeld, Germany. In 1891, he bought the Aschoffsche pharmacy in Bielefeld and developed a baking agent, which was designed to ensure the success of the baking process.From 1893, Oetker distributed his invention under the brand name Backin, thus laying the basis for the family-owned company, called Oetker-Gruppe. This company still uses the very same recipe to produce baking powder. On September 21, 1903, Oetker filed a patent for his Procedure for making long-lasting baking powder or ready-to-bake flour.Due to successful marketing, Oetker's products sold quite well and soon the old pharmacy had turned into a successful company. In 1900, Oetker built his first manufacturing plant and by 1906 had sold 50 million packages of Backin.Prior to Oetker, Justus von Liebig and his American student, Eben Horsford, had already discovered baking powder. However, Oetker targeted mainly private households with his products whereas Horsford targeted bakeries.Later, Oetker's grandson Rudolf August Oetker took over the company.Motto: "Ein heller Kopf nimmt stets Oetker." ("Bright minds always use Oetker."). Wikipedia

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Self

Self

TitleYearStatusCharacter
Deutschlands größte Kriminalfälle: Dem Verbrechen auf der Spur 2014 TV Series documentary Himself - Bruder (Fall Richard Oetker)
Deutsche Dynastien 2010 TV Series documentary Himself
Berlin Mitte 2003 TV Series Himself

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