The entrepreneur, Josef Rick, is a financially successful individual. He operates several businesses in his country, Germany as well as internationally.
He made his fortune as a real estate developer and previously worked as a consultant with Boston Consulting Group (BCG).
Highlights
- Josef Rick, a German real estate developer, was guided by his grandfather from a young age.
- He made millions of profit in his 90s by making apartments in Germany.
- Rick’s estimated net worth is around 40 million euros as of 2024.
In 2023, he became a full-time real estate developer. However, he has become a divisive figure due to his frank talk about his riches and taxes.
He is highly knowledgeable and skilled in real estate and often makes a lot of money from it. He usually shares his opinion strongly in front of the media.
Moreover, Rick is beloved for his transparent views on real estate and entrepreneurship. Many young people follow and respect him as their idol.
Josef Rick Hails From A State In Western Germany, Dusseldorf
The real estate developer Josef Rick’s interest in real estate began at an early age, fostered by family conversations about the value of properties.
His first exposure to the industry came through his property developer grandfather. At the tender age of 22 years and still a student, he could purchase an apartment in Munster.
Bemerkenswertes Interview mit Immobilienunternehmer Josef Rick. pic.twitter.com/OxuCAPslFZ
— contrast media tv (@cmedia_tv) September 21, 2024
The 69 pursued 2024 business administration studies in 2024. However, he argues that both formal education and experience are very important in the successful conduct of the real estate business.
Even being so successful, Rick views his work as something he enjoys and, therefore, does not work much, claiming to only work 6 hours a day.
He expressed;
Actually, I don’t work that much – I would say 6 hours a day, provocatively. My son once said: “Dad, if you do what you enjoy, then you don’t have to work.
Josef Rick Has Accumulated A Fortune Of Over A Million Euros
Josef Rick, the Dusseldorf real estate developer net worth is around 40 million euros, and his annual income is seven figures.
He utilizes all available tax privileges to contribute as little as possible. He wants to change not only himself but also the system.
„Wohlhabende sind keine Leistungsträger. Ganz im Gegenteil. Die Allermeisten sehr Wohlhabenden in Deutschland sind ja Erben. Also, die haben gar nichts geleistet. Leistung erbringen die Leute, die sehr viel arbeiten & die werden bei uns sehr stark besteuert“
Josef Rick,… pic.twitter.com/MGrTcQ0Uim— Nurder Koch (@NurderK) August 1, 2024
Moreover, the millionaire privately owns about 30 multi-family houses. He created over 127 new apartments on Munsterstarbe in Morsenbroich.
In 2017, Mr. Rick introduced an income tax assessment to a million-strong audience on RTL’s “Stern TV.”
Similarly, he made over a million marks in the 1990s and even earned money back from the tax office through some clever fiddling with real estate deals.
Additional Information
- Josef Rick appears to be happily married with his children and grandchildren.
- His father and mother motivated him to pursue his dream of success.
- Rick is a private person and prefers to keep details about his siblings if he has to himself.
