Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# 468 Friede Springer $4.80B

Random fact: Gave CEO Mathias Doepfner about $90 million in shares in 2012.


Springer is the largest individual shareholder and vice chairwoman of Axel Springer, a Berlin-based publisher of books, newspapers and magazines. The publicly traded company's titles include Bild, the largest newspaper in Europe, and Fakt, Poland's biggest daily tabloid. It had revenue of 3.1 billion euros ($3.5 billion) in 2019.

As of :
Last change +$7.65M ( +0.2%)
YTD change +$266M ( +5.9%)
Industry Media & Telecom
Biggest asset SPR GR Equity
Citizenship Germany
Age 78
Wealth Inherited
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Friede Springer's net worth of $4.80B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Springer's fortune is derived from her 42.6% stake in Axel Springer SE, a Berlin-based media company. She holds the shares directly and through Gesellschaft für Publizistik, a holding company that she solely owns, according to the company's 2019 annual report.

Bild is Europe's largest newspaper and Fakt is the best-seller in Poland, according to the 2019 report.

A June 2019 statement from the company announced that Springer had reached an agreement with buy-out firm KKR ahead of its public takeover of minority shareholders. As part of this agreement, Springer would not sell shares to KKR and would "continue to be involved in Axel Springer SE to the same extent as before."

The value of her cash investments is based on an analysis of dividends, insider transactions, taxes and market performance.


Birthdate: 8/15/1942
Family: Widowed, No children

Springer was born in Oldsum, Germany in 1942. Her father was a gardener and mother a homemaker and she lived with her parents and four siblings on the island of Foehr, near the Danish border.

She resided in London and Madrid as a young adult before taking a job at Axel Springer's home as a nanny in 1965. Axel and Friede maintained a relationship before marrying in 1978. She became his fifth wife.

Following Axel's death in 1985, Friede assumed control of the media company her husband had built with his father, Hinrich Springer. By this time, the group consisted of several publications including German newspapers Bild and Die Welt.

Springer gradually increased her stake in the company by acquiring the shares of minority shareholders including relatives and the Burda family.

Mathias Doepfner, a former music critic and editor-in-chief of Axel Springer's Die Welt newspaper, was appointed chief executive of the company in 2002. He received a gift from Friede Springer in 2012 of close to 2 million shares, worth about 74 million euros ($92 million).

Doepfner said in a conference call in December 2014 that he didn't expect Springer to sell her shares in the company.

A buyout by KKR was announced in June 2019. Springer supported the privatization and intended to retain her stake, according to a Bloomberg News report.

  • 1942 Friede Springer nee Riewerts is born in Oldsum, Germany.
  • 1946 Axel Springer and father Hinrich Springer start media company.
  • 1952 Start of Bild newspaper, based on British tabloid Daily Mirror.
  • 1965 Begins work at Axel Springer's home as a nanny.
  • 1978 Marries Axel Springer becoming his fifth wife.
  • 1985 Axel Springer dies. Friede Springer assumes control of company.
  • 2002 Installs Mathias Doepfner as chief executive of Axel Springer.
  • 2015 Company buys 88 percent of Business Insider for $343 million.