Heinz-Georg Baus Net Worth

What is Heinz-Georg Baus' Net Worth?

Heinz-Georg Baus, a renowned German entrepreneur, boasts a net worth of an impressive $3.4 billion. Born in 1934, Baus is best known as the visionary founder of Bauhaus AG, a highly successful home-improvement company that has earned him a place among the world's wealthiest individuals.

After completing high school, Baus honed his skills working as a carpenter for several years before venturing into the business world. In 1960, he launched Bauhaus' first store in Mannheim, marking the beginning of what would become a global enterprise.

By 1972, Baus had successfully expanded Bauhaus into Austria. Over the following years, he continued to grow the company by opening new stores in multiple countries, including Finland, Turkey, Denmark, and Hungary. Today, Bauhaus AG operates over 220 stores across 16 countries, making it Germany's second-largest home-improvement chain, with an estimated value of $6.3 billion.

The headquarters of Bauhaus AG are now located in Zug, Switzerland, where Heinz-Georg Baus resides with his family, continuing to oversee the company's operations.