Heinz Bauer (publisher)

Heinz Bauer
Born Heinz Heinrich Bauer
(1939-10-28) 28 October 1939
Hamburg, Germany
Residence Hamburg, Germany
Nationality German
Alma mater University of Hamburg
Known for chairman of Bauer Media Group
Net worth US$1.9 billion (2006)[1]
Spouse(s) Gudrun Bauer
Children 4 daughters, including Yvonne Bauer

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.

Early life

After school, he trained as a compositor and printer.

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).

In 2010, he transferred 85% of his shares to his youngest daughter Yvonne Bauer,[2] and 5% to each of her older sisters, Mirja, Nicola and Saskia.[3]

In 2007, Bauer bought Emap, one of UK's biggest consumer magazine and radio groups, for £1.14 billion.[4] He mostly acquired the company for its radio business.[5]

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]

References

  1. 1 2 "#410 Heinz Bauer". Forbes. Retrieved 15 November 2015.
  2. ↑ "Yvonne Bauer: Owner and chief executive, Bauer Media Group". www.theaustralian.com.au. March 4, 2013. Retrieved 2017-12-21.
  3. ↑ "Yvonne Bauer". Forbes. Retrieved 15 November 2015.
  4. ↑ "Emap sells magazines and radio divisions to Bauer for £1.14bn". Retrieved 2017-12-21.
  5. ↑ Pidd, Helen (2008-08-31). "The Bauers - who are they?". The Guardian. ISSN 0261-3077. Retrieved 2017-12-21.
  6. ↑ Farmer-Journal, Life & Style ': plastic surgery fails, Patient nearly dead' '. usp, Spiegel Online. July 24, 2012. Retrieved on 13 August 2014th
  7. ↑ Yvonne Bauer is the cool Crown Princess . Ileana Grabitz World Online. January 20, 2010. Retrieved on 13 August 2014th
  8. ↑ -posten-off / Nicola Bauer is from chief editor Post . Meedia.de. January 5, 2011. Retrieved on 13 August 2014th
  9. ↑ -media-group? p = all Bauer Media Group . Federal Agency for Civic Education. September 1, 2012. Retrieved on 13 August 2014th
  10. ↑ Riding Against Hunger . Federal Agency for Civic Education. Retrieved on 13 August 2014
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