|Birth Day:||February 12, 1924|
|Death Date:||11 October 2017(2017-10-11) (aged 93)
As per our current Database, Karl-Heinz Kipp died on 11 October 2017(2017-10-11) (aged 93)
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Kipp began his career in 1948 selling clothes and opened his first Massa department store in 1965. The Massa stores were introduced on the German stock market in 1986. In 1987 Kipp sold his remaining shares but he kept the real estate of the stores, which he rented to the retailer Metro AG.
His son, former Florida resident Ernst-Ludwig Kipp, died in 2003, leaving behind his seven children. His daughter Ursula married Dr Wilfried Bechtolsheimer and together they have three sons, Felix (a singer with the rock group Hey Negrita), Goetz, and Till, and a daughter, Laura, an Olympic dressage rider.
Karl-Heinz Kipp (12 February 1924 – 11 October 2017) was a German billionaire, and founder of the Massa department store chain. He sold the business but kept the property, and had a large property portfolio. In 2017, Forbes estimated his net wealth at $4.9 billion.
Currently, Karl-Heinz Kipp is 98 years, 4 months and 22 days old. Karl-Heinz Kipp will celebrate 99th birthday on a Sunday 12th of February 2023.
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