| Capital: | € 10.5 million |
| Age: | 78 |
| Born: | 04/04/1942 |
| Country of origin: | Germany |
| Source of wealth: | Entrepreneurs |
| Last updated: | 2022 |
Short introduction
Wolfgang GroupP is a businessman from Germany, owner and director of the executive in the third generation of the famous Trigema textile company.
Early life
Wolfgang Groupp was born in Burladingen to become a conservative Catholic businessman’s family. He is a student in the Jesuit College St. Blasien and graduated from high school in 1961. He decided to study business administration at the University of Cologne. After completing a bachelor’s degree in business administration, he took over the management of his father’s company, Trigema. Trigema was founded by Grandfather Groups Josef Mayer and his brother Eugen with the name Trikotwarenfabrik Geb. Mayer KG in 1919. Wolfgang Groupp’s father, Franz Groupp, is a partner of the company’s manager.
Career highlights
The Wolfgang GroupP company is the largest German recreational and sports clothing manufacturer in Germany. In 2019, he received a grade 1 of the Federal Merit Cross from the Prime Minister of Baden-Winjemberg Winfried Kretschmann, as part of the 100th anniversary of Trigema. For their rhetorical skills, Wolfgang Groupp received the Cicero Speaker Award in the business category in 2005. GroupP is known nationally through television advertisements with chimpanzees, “Trigema Monkey”.
Famous quotes
“The fact that we had to introduce a minimum wage in Germany at all is a shame for us entrepreneurs.”
“I’ll stay here until I die.”
Success tips
In an interview, Grupp revealed his secret of success:
1. Grupp has constantly reinvented itself and its company and adapted its corporate strategy to the changed market.
2. Grupp pursues fair pay, flexibility and independence in its company.
3. He is not focused on the growth of his production number, but on innovation.
4. Grupp uses itself as a brand ambassador and runs few high-priced marketing campaigns.
