Nils Glagau is a successful entrepreneur and known from the television show „The Lion’s Den“. His path to success was marked by challenges and risks , which he mastered with great commitment. He took over the Orthomol group of companies, which was founded by his father, and led it to international success.
Glagau is also known for his investments in start-ups , where he provides not only capital but also valuable experience and network . His authentic approach and entrepreneurial instinct make him a respected mentor and role model for many aspiring entrepreneurs.
How rich is Nils Glagau?
There is little information available about the Lion’s Den juror. Nils Glagau, owner and managing director of the family business Orthomol, has received little media attention so far.
In any case, Nils initially had no intention of joining his father’s company. He imagined a career as an archaeologist, which is more suited to a real world traveler. However, fate had other plans for the current CEO of Orthomol. Nils Glagau has an estimated net worth of 30 million euros.
The History of Orthomol
In 1991, Father Kristian and a chemistry friend founded Orthomol. The products were initially sold from the garage at home while son Nils was doing his A-levels. While Nils‘ father and business partner worked to establish Orthomol as one of the German pioneers in the field of nutritional supplements, the son traveled through South and Central America. There, the current business president investigated various ancient Mayan sites.
The fact that father and son often had different opinions during the senior’s lifetime would soon become irrelevant. Kristian Glagau died unexpectedly of a pulmonary embolism in 2009. Adding to the grief was a vacancy in the company: Nils Glagau subsequently refused to be asked to get involved in the company again.
As CEO, Nils Glagau has led the company to unprecedented heights of success. The group has now set itself a sales target of 100 million euros, which suggests that the CEO is quite wealthy. Nils‘ involvement in the TV show „Die Höhle der Löwen“ will undoubtedly help to increase advertising in this way.
The Orthomol Group
The Orthomol company currently offers over 30 different nutritional supplements, but these products are only available in pharmacies in this country. The group is headed by Orthomol Holding GmbH, half of which is owned by the offspring of Orthomol founder Kristian Glagau.
Nils Glagau is the owner of Orthomol Holding GmbH together with his sister Gesche Hugger. This includes the operating company Orthomol Pharmazeutische Vertriebs GmbH, which generates the majority of the group’s sales.
In 2017, the group’s turnover amounted to 94 million euros and retained earnings amounted to 26 million euros. The two brothers also share management, with the management (holding company) owning the majority. While Nils Glagau runs the company alongside Michael Schmidt as CEO, his sister is not involved in the operational business.
Her mother, Marion Glagau, transferred her interests to her two children and left the Orthomol Group. Other companies in the group report directly to the holding company: Ortho-Trinity GmbH, Orthomed Vertriebs GmbH for nutritional supplements and Orthomed Vertriebs GmbH & Co. KG for nutritional supplements.
What do we know about Nils Glagau?
It has not yet been revealed who Nils is in a private relationship with. The entrepreneur, who currently appears on television as an investor, is said to have twin children. Professionally, the father of two looks after more than 400 employees at the company headquarters in Langenfeld near Düsseldorf. The company owner is considered to be a passionate amateur athlete.
It is no surprise that Orthomol has already sponsored the Fortuna Düsseldorf football team. Various runners and swimmers have already secured sponsorship contracts with the company. The same applies to the German national ice hockey team.
Frequently Asked Questions
- How did the story of Orthomol begin?
Orthomol was founded in 1991 by Kristian Glagau and a chemist friend. The distribution of the products began in a garage at home while Nils Glagau was still doing his Abitur.
- Why did Nils Glagau join the family business?
After his father Kristian Glagau died unexpectedly of a pulmonary embolism in 2009, Nils Glagau took over the management of the company. Nils had originally planned a career as an archaeologist and did not want to join the company.
- What role does Nils Glagau play in ‚The Lion’s Den‘?
Nils Glagau is an investor in the TV show ‚Die Höhle der Löwen‘. Here he not only invests capital, but also contributes his valuable experience and network to support start-ups.
- How big is the Orthomol Group and who leads it?
The Orthomol Group currently offers over 30 different nutritional supplements and achieved sales of 94 million euros in 2017. The company is managed by Nils Glagau and Michael Schmidt as CEOs. Nils is the owner of Orthomol Holding GmbH together with his sister Gesche Hugger.
Conclusion
Even though Nils Glagau originally wanted to pursue a career outside the family business , fate led him back to Orthomol . Today he steers the company with a firm hand and visionary thinking.
His participation in „The Lion’s Den“ has not only given a huge boost to his personal profile, but also to the popularity of his company. Despite the challenges he has faced, Nils has steadily increased sales and continued to establish Orthomol as a leading provider of nutritional supplements.
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