Rainer Schmidt-Ruthenbeck

{{Short description|German billionaire businessman}}

{{Use dmy dates|date=August 2021}}

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| name = Rainer Schmidt-Ruthenbeck

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| birth_date = {{birth year and age|1941}}

| birth_place = Germany

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| occupation = 16% owner of Metro AG

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| relatives = Michael Schmidt-Ruthenbeck (brother)

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Rainer Schmidt-Ruthenbeck (also spelled Reiner, born 1941) is a German billionaire businessman and, together with his brother Michael, owner of 16% of the retail group Metro AG.

Biography

He is the son of Wilhelm Schmidt-Ruthenbeck and Vera Ruthenbeck. His brother is Michael Schmidt-Ruthenbeck and his sister is Viola Schmidt-Ruthenbeck.

In the 1990s his family founded the Stiftung Mercator,{{cite news |title=GUIDING VISION |url=https://www.stiftung-mercator.de/en/who-we-are/guiding-vision/ |access-date=8 April 2023 |publisher=Stiftung Mercator}} the Mercator Schweiz and the Karl Schmidt Family Foundation.{{cite news |title=Michael & Reiner Schmidt-Ruthenbeck |url=https://www.forbes.com/profile/michael-reiner-schmidt-ruthenbeck/?sh=2ad1fcf14038 |access-date=8 April 2023 |publisher=Forbes Media LLC}}

On the Forbes 2016 list of the world's billionaires, he and his brother were ranked #722 with a net worth of US$2.4 billion.{{cite web |url=https://www.forbes.com/profile/michael-reiner-schmidt-ruthenbeck/?list=billionaires |title=The World's Billionaires (2016 ranking): #722 Michael & Reiner Schmidt-Ruthenbeck |date=1 March 2016 |work=Forbes |accessdate=2 January 2017}}

He lives in Duisburg, Germany.

References