About
- Name: MAREN OTTO
- English name: MAREN OTTO
- Native name: ---
- Alias: ---
- Award: ---
Description: Maren otto is the third wife of the late werner otto, who began a retail empire by founding a mail-order business in hamburg in 1949. she inherited a stake in the family's otto group and its more than 40 companies in retail (crate and barrel), real estate and financial services. she's also a shareholder of ece, the family's commercial real estate company focused on shopping centers. her stepson alexander is ceo. with alexander and her daughter, katharina, she shares a 14% stake in paramount group, which owns and manages office properties in the u.s. katharina, alexander and her other stepson, michael, are also billionaires.
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