Alexander Otto (businessman)

Alexander Otto (born 7 July 1967) is a German billionaire businessman. As of November 2021, his net worth was estimated at US$12.2 billion.

Early life
Alexander Otto was born on 7 July 1967. He is son of Werner Otto and his third wife, Maren Otto. He earned a bachelor's degree from Harvard College, and an MBA from Harvard Business School.

Career
Otto is a part-owner of Otto Group, founded by his father Werner Otto. He is the majority owner and CEO of ECE Group, a commercial property company specialising in shopping centres, which was also founded by his father. He has joined the family business in 1994.

He is also a member of the supervisory board of the Otto Group, of Deutsche EuroShop AG and of SITE Centers in Cleveland/USA.

According to the magazine Forbes his net worth is $12.1 Billion. The Otto family is consistently ranked among the wealthiest Germans.

Personal life
Otto is married to Dorit Otto and lives in Hamburg, Germany.