How a former electrician built a €9.68 billion German industrial empire

Friedhelm Loh stands as one of Germany’s most influential entrepreneurs. His corporate group, which includes Rittal, plays a key role in the country’s economy. Forbes lists him as a multibillionaire with a net worth of €9.68 billion. Loh began his career as an industrial electrician. He later earned a degree in business administration before founding his corporate group. The group has since grown into a major economic force in Germany.

Rittal, a global leader in switchgear and enclosure manufacturing, counts Microsoft and Meta among its major clients. Loh’s influence extends beyond his business empire. He holds seats on the advisory boards of leading utility companies. His journey from industrial electrician to billionaire highlights his business acumen. The corporate group he built remains a cornerstone of Germany’s industrial sector. Rittal’s market leadership further cements his legacy in global manufacturing.