Frank Otto

Frank Otto

$1.10 B

Ranked #1999 in World

About Frank Otto

Frank Otto, born on July 7, 1957, has cemented himself as a seminal figure in Germany's media industry, pioneering private radio and TV. The prodigious son of Werner Otto, he launched pivotal projects like OK Radio (now HAMBURG ZWEI) in 1987 and co-founded VIVA with media giants Time Warner and Sony Television in 1993. Beyond broadcasting, Otto's ventures span music production and charitable engagements, significantly contributing to cultural and social causes. His diverse portfolio extends to founding Hamburg 1, participation in various radio and TV enterprises, and active roles in charitable boards, including the Hamburger Presse Club since 1993. Otto's commitment to innovation and community was honored with the Order of Merit of the Federal Republic of Germany in 2013, underscoring his enduring influence in the media and philanthropy spheres.

Born

July 07, 1957 in Hamburg, West Germany

Age

68 years

Source Of Wealth

Retail

Industries

Fashion & Retail

Citizenship

Germany

Parent

Werner Otto

Frank Otto was born on July 7, 1957, in Hamburg, Germany. He is the second-eldest son of Werner Otto, the founder of the Otto Group, a leading German mail-order company. Frank Otto grew up in a wealthy and privileged environment, surrounded by art and culture. He developed a passion for music and the arts from an early age.

Frank Otto: Family

Frank Otto comes from a prominent German family. His father, Werner Otto, was a successful entrepreneur who built the Otto Group into one of the largest mail-order companies in the world. Frank Otto has two siblings, Michael Otto and Katharina Otto-Bernstein. Michael Otto is the current CEO of the Otto Group, while Katharina Otto-Bernstein is a renowned artist and filmmaker.

Frank Otto: Career Highlights

Frank Otto's career has been marked by numerous achievements in the media and entertainment industry. He is widely regarded as a pioneer in private radio and television in Germany. Some of his notable career highlights include:

  • Founded OK Radio (now HAMBURG ZWEI) in 1987 and served as its majority shareholder.
  • Co-founded the European music television channel VIVA in 1993, partnering with Time Warner and Sony Television.
  • Established Hamburg 1, one of the first private regional television stations in Germany, in 1995.
  • Involved with various radio and TV stations, including delta radio, Radio NORA, 98.8 KISS FM Berlin, Energy Saxony, and RauteMusik.FM.
  • Served as the managing director of Film Manufacturers GmbH, Germany, alongside Kathrin Lohmann.
  • Composed the soundtrack for his sister Katharina Otto-Bernstein's award-winning film, Beautopia.
  • Acted as the editor of the Hamburger Morgenpost, a leading German newspaper, from 1999 to 2003.
  • Presented the music and multimedia project TRIP – Remix Your Experience at Expo 2005 in Aichi, Japan.
  • Founded the production company ferryhouse, which later evolved into a successful music label.
  • Co-founded XOUNTS, the official art partner of the IFA (Internationale Funkausstellung Berlin).
  • Actively involved in the Radio Park group since 2008.
  • Co-founded Untitled – Publishing and agency in 2009.
  • Revived and upgraded the open-air theater Loreley in collaboration with Ulrich Lautenschlager since 2010.

Frank Otto: Companies

Frank Otto has been associated with numerous companies throughout his career. Some of the notable companies he has been involved with include:

  • OK Radio (now HAMBURG ZWEI)
  • VIVA
  • Hamburg 1
  • delta radio
  • Radio NORA
  • 98.8 KISS FM Berlin
  • Energy Saxony
  • RauteMusik.FM
  • Film Manufacturers GmbH
  • Hamburger Morgenpost
  • ferryhouse
  • XOUNTS
  • Radio Park group
  • Untitled – Publishing and agency
  • Loreley

Frank Otto: Major Achievements

Frank Otto has achieved significant milestones in his career, contributing to the development of the media and entertainment industry in Germany. Some of his major achievements include:

  • Pioneering private radio and television in Germany.
  • Co-founding VIVA, one of the most successful music television channels in Europe.
  • Establishing Hamburg 1, one of the first private regional television stations in Germany.
  • Actively involved in various radio and TV stations, shaping the media landscape in Germany.
  • Composing the soundtrack for an award-winning film.
  • Serving as the editor of a leading German newspaper.
  • Presenting a music and multimedia project at Expo 2005 in Japan.
  • Founding a successful production company and music label.
  • Co-founding XOUNTS, the official art partner of the IFA.
  • Reviving and upgrading the open-air theater Loreley.

Frank Otto: Awards & Achievements

Frank Otto's contributions to the media and entertainment industry have been recognized through numerous awards and honors. Some of his notable awards and achievements include:

  • Order of Merit of the Federal Republic of Germany (2013)
  • Goldene Kamera (Golden Camera) Award
  • ECHO Award
  • Bambi Award
  • German Television Award
  • GQ Man of the Year Award
  • Hanseatic Media Prize
  • Honorary doctorate from the University of Hamburg

Frank Otto: Personal Life & Legacy

Frank Otto is known for his philanthropic efforts and active involvement in various charitable organizations.

He has served on the board of the Hamburger Presse Club, the Board of Trustees of Hamburg Leuchtfeuer, and the Foundation Popkurs. Otto is also a co-initiator of the Beatles-Platz and a supporter of the Palace of Culture Hamburg. He is an ambassador of the World Future Council and a board member of the Luca Foundation. Additionally, Otto promotes initiatives such as Reading without nuclear power - The Renewable Reading Days, millionways, and Viva con Agua.

Frank Otto's legacy lies in his significant contributions to the media and entertainment industry in Germany. He is remembered as a pioneer in private radio and television, a successful entrepreneur, and a passionate advocate for the arts and culture.

Frank Otto: Trivia

  • Frank Otto is an accomplished musician and has produced music for various artists.
  • He is a licensed pilot and enjoys flying.
  • Otto is an avid art collector and has a vast collection of contemporary art.
  • He is known for his philanthropic work and has supported numerous charitable organizations.
  • Frank Otto is a prominent figure in Hamburg's cultural scene and is often seen at art exhibitions, concerts, and other cultural events.

Wealth History

Timeline

July 7, 1957

Frank Otto is born.

1987

Frank Otto founds OK Radio (now HAMBURG ZWEI) and becomes the majority shareholder.

1993

Frank Otto co-founds European music television channel VIVA with Time Warner and Sony Television.

1995

Frank Otto founds Hamburg 1, one of the first private regional television stations in Germany.

1999

Frank Otto becomes the editor of the Hamburger Morgenpost and holds the position until 2003.

2004

Frank Otto is involved in the Board of Trustees of Hamburg Leuchtfeuer and lays the foundation stone of the Leuchtfeuer Foundation.

2005

Frank Otto presents the music and multimedia project TRIP – Remix Your Experience at Expo 2005 in Aichi, Japan.

2008

Frank Otto becomes involved in the Radio Park group and co-founds Untitled – Publishing and agency the following spring.

2010

Frank Otto revives and upgrades the open air theater Loreley with Ulrich Lautenschlager.

2013

Frank Otto is awarded the Order of Merit of the Federal Republic of Germany.

Frank Otto : FAQs

What is Frank Otto's net worth?

As of 2018, Frank Otto's net worth was $1.10 billion.

What are Frank Otto's main sources of wealth?

Frank Otto's main source of income comes from Retail.

In which industry does Frank Otto primarily operate?

Frank Otto is primarily involved in the Fashion & Retail industry.

How old is Frank Otto?

Frank Otto is 68 years old.
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