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This is how the Geissens became multimillionaires: The mega deal of 1995!
Learn how Robert Geiss and his family make millions through smart investments and reality TV. Insights into her assets.
This is how the Geissens became multimillionaires: The mega deal of 1995!
Robert Geiss and his brother Michael founded the sports fashion brand “Uncle Sam” in 1986, which specialized in clothing for bodybuilders. This step turned out to be very profitable, as the brothers sold the brand in 1995 for 140 million German marks, which corresponds to around 71 million euros. Loud vol.at This sale was crucial for the Geissens' rise into the world of the super-rich.
After selling the brand, the family moved to the tax-advantaged Monaco, where Robert Geiss invested his fortune specifically in real estate. According to estimates, the Geissens' total assets today amount to around 100 million euros. These assets include an extensive real estate portfolio, which includes, among other things, a villa in the south of France, a chalet in the Alps as well as a luxurious apartment in Dubai and a villa in Miami, supplemented by the luxury yacht “Indigo Star”. vermoegenchecker.de.
The Geissens' sources of income
A significant part of Robert and Carmen Geiss's income comes from the reality TV show “The Geissens – A Terribly Glamorous Family”. The Geissens earn an estimated 60,000 euros for each of the over 200 episodes. This brings in around 2.3 million euros in income every year vol.at.
The Geissens also benefit from advertising contracts that affect both their own fashion brand “Roberto Geissini” and external companies. The daughters Shania and Davina Geiss also use social media to generate additional income. Carmen Geiss is not only active on television, but also publishes books and takes part in real estate projects vermoegenchecker.de.
Financial strategies and wealth creation
The path to such prosperity is characterized by a targeted financial strategy. Robert Geiss invests wisely in stocks, combined with careful financial planning to ensure that income exceeds expenses. This strategy of diversification is reflected in the desire not to rely on just one stream of income vermoegenchecker.de. The Geissens also emphasize in their publications how important hard work and strategic planning are for building wealth.
In the broader context of wealth distribution in Germany, it becomes clear that wealth is distributed unequally internationally. While the top 10% of the population owns around 55% of the net worth, the bottom 50% only has around 1.5%. In addition, the real estate market boom has increased wealth concentration. Real estate plays a crucial role here, as it accounts for around two thirds of private households' assets diw.de.
In Germany, the home ownership rate is low, and the high burden of rent payments represents a challenge for many households. Access to social housing is becoming increasingly difficult, which will remain an urgent issue for the federal government in the future. Changes in housing market policy are therefore necessary to enable a fairer distribution of wealth and promote social cohesion.