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Reinhold Würth

9 questions · Economics

Reinhold Würth, born in 1935, turned a tiny two-man screw business into a global company. At 14 he joined his father’s screw wholesale firm and took it over at 19 after his father’s early death. From it he built the Würth Group, the world market leader for fastening and assembly technology: screws, dowels and tools. The passionate art collector proved that one can become a billionaire even with an unglamorous product like the screw. Good to know: He is called the „screw king“. His company is the world leader in fastening and assembly. It employs tens of thousands of people worldwide. From two men grew a billion-euro empire. His father had died early. From the small business he made a global company. He owns one of the largest private art collections in Europe. He shows it to the public in his own museums. Thousands of salespeople visit tradespeople directly on site. This personal selling is Würth’s recipe for success. Thus the company is to stay independent and lasting. Würth stepped back early from day-to-day management.

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With which unglamorous product did Reinhold Würth become rich?

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with screws

He is called the „screw king“.

💡 Did you know? His company is the world leader in fastening and assembly.

What is the name of the global screws-and-fasteners company from the Hohenlohe region?

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the Würth Group

It employs tens of thousands of people worldwide.

💡 Did you know? From two men grew a billion-euro empire.

At what age did Würth take over his father’s firm?

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at 19

His father had died early.

💡 Did you know? From the small business he made a global company.

Which expensive hobby does Würth pursue with great passion?

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art collecting

He owns one of the largest private art collections in Europe.

💡 Did you know? He shows it to the public in his own museums.

What is the Würth Group known for in sales?

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for its field sales / direct sales

Thousands of salespeople visit tradespeople directly on site.

💡 Did you know? This personal selling is Würth’s recipe for success.

In whose hands is the Würth Group meant to remain long-term?

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in family hands (via foundations)

Thus the company is to stay independent and lasting.

💡 Did you know? Würth stepped back early from day-to-day management.

What makes Würth’s rise especially remarkable?

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from a small business to a global company

He embodies the German economic miracle in miniature.

💡 Did you know? His diligence and business sense became legendary.

In which town in the Hohenlohe region is the Würth Group based?

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Künzelsau

That is where Reinhold Würth took over his father’s small screw business in 1954.

💡 Did you know? The small town is now home to a global group with over 80,000 employees.

Reinhold Würth

Foto: Corporate Communications Würth-Group · CC BY-SA 4.0 · Wikimedia Commons

Which billionaire is shown here?

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Reinhold Würth

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