Heinz Bauer (publisher)
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28 October 1939
Heinz Bauer | |
|---|---|
| Born | Heinz Heinrich Bauer 28 October 1939 Hamburg, Germany |
| Alma mater | University of Hamburg |
| Known for | chairman of Bauer Media Group |
| Spouse | 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 Bauer Media Group.
After school, he trained as a compositor and printer.[citation needed]
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).[citation needed]
In 2007, Bauer bought Emap, one of UK's biggest consumer magazine and radio groups, for £1.14 billion.[2] He mostly acquired the company for its radio business.[3]
In 2010, he transferred 85% of his shares to his youngest daughter Yvonne Bauer,[4] and 5% to each of her older sisters, Mirja, Nicola and Saskia.[5]
