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German entrepreneur Sylvia Ströher, a consistent presence on Forbes' list of global billionaires since 2003, is known for both her business acumen and her artistic pursuits. As the great-granddaughter of Wella AG's founder—a leading hair care brand—she famously divested nearly 80% of her stake to Procter & Gamble in 2004 for $4 billion, retaining a 25% share. Her marriage to Ulrich Ströher, the ex-nurse who adopted her surname, complements her notable role as an avid art collector.
May 30, 1955
70 years
Cosmetics
Fashion & Retail
Germany
Darmstadt
Sylvia Ströher, a prominent German businesswoman, was born into a family with a rich history in the hair care industry. Her great-grandfather, Franz Ströher, founded Wella AG, which grew to become the world's second-largest professional hair care group.
Sylvia Stroeher: Family
Sylvia Ströher is married to Ulrich Ströher, né Fette, a former nurse who took her name when they married. The couple has two children together.
Sylvia Stroeher: Career Highlights
Sylvia Ströher's career has been marked by significant achievements in the business world. She inherited a substantial stake in Wella AG from her family and played a key role in the company's growth and success. In 2004, she made headlines when she sold almost 80% of her stake in Wella AG to Procter & Gamble for a staggering $4 billion. Despite this major transaction, she retained a 25% share in the company, maintaining her influence and involvement in the hair care industry.
Sylvia Stroeher: Companies
Sylvia Ströher's primary business association is with Wella AG, the renowned hair care company founded by her great-grandfather. She held a significant stake in the company and played a crucial role in its success before selling a majority stake to Procter & Gamble.
Sylvia Stroeher: Major Achievements
Sylvia Ströher's most notable achievement is the successful sale of a majority stake in Wella AG to Procter & Gamble for $4 billion. This transaction solidified her position as a prominent figure in the business world and brought her international recognition.
Sylvia Stroeher: Awards & Achievements
Sylvia Ströher's contributions to the business world have been widely recognized. She has been consistently ranked by Forbes magazine as one of the wealthiest people in the world since 2003, a testament to her financial success and influence.
Sylvia Stroeher: Personal Life & Legacy
Sylvia Ströher is known for her passion for art collecting. She has amassed an impressive collection of artworks, showcasing her refined taste and appreciation for the arts.
Her legacy extends beyond her business accomplishments, as she continues to inspire and influence others through her philanthropic endeavors and support for various causes.
Sylvia Stroeher: Trivia
Sylvia Ströher's maiden name is Sylvia Fette. She adopted her husband's surname, Ströher, after their marriage.
What is Sylvia Stroeher's current net worth?
What is Sylvia Stroeher's current global rank among billionaires?
What is Sylvia Stroeher's current ranking within the Germany?
What was the change in Sylvia Stroeher's net worth compared to the previous year?
What are Sylvia Stroeher's main sources of wealth?
In which industry does Sylvia Stroeher primarily operate?
How old is Sylvia Stroeher?
How many children does Sylvia Stroeher have?
Who is Sylvia Ströher and why is she famous?
How has Sylvia Ströher contributed to the beauty industry?
What was the financial outcome of Sylvia Ströher selling Wella AG's shares?
Does Sylvia Ströher still retain a stake in Wella AG?
What are some personal details about Sylvia Ströher's family and interests?