|Estimated value:||€20 million|
|Country of origin:||Germany|
|Source of Wealth:||entrepreneur|
Ralf Dümmel is a successful entrepreneur from Germany. He became known as an investor in the VOX series “Die Höhle der Löwen” and quickly became a crowd favorite. Dümmel is managing director of the trading company DS products. During his time at the lion’s den, he invested more than anyone else. Ralf Dümmel was born in Bad Segeberg and is considered down-to-earth and authentic. He is married to TV presenter Anna Heesch.
Little is known about Ralf Dümmel’s private life. However, it is clear that Ralf Dümmel started his career early on in his professional life at the trading company DS Produkte. At the age of 22 he started as a sales assistant in the company. Ralf Dümmel was able to climb the career ladder within the company. In 1996, 8 years after joining the company, he was able to join DS Produkte at the age of 30 as a shareholder. Not a bad record. He has held the position of Managing Director since 2000 and has been able to successfully manage the company’s fortunes ever since.
Since Ralf Dümmel has been managing director of DS Produkte, the group has been able to develop further and become even more important. DS products expanded abroad and now has successful subsidiaries both in Poland and in Hong Kong. This international expansion is largely due to the commitment of managing director Ralf Dümmels, who always believes in big goals. Ralf Dümmel must have amassed quite a Net Worth through his work at DS Produkte. There are no exact figures about his salary, but with an annual turnover of around 250 million euros, the managing director should get his share. Dümmel has also been a member of the supervisory board of VfB Lübeck since 2015.
Ralf Dümmel gained notoriety and another lucrative source of income in 2016 when he appeared as an investor in the third season of the VOX TV series “Die Höhle der Löwen”. He invested more in his time on the show than any other Leo.
How much he earns as a jury member is not known. However, the profits from the investments made alone should have been worthwhile for Dümmel. During his time as an investor, Dümmel already made 23 investments and gave the respective young entrepreneurs a chance. For his investments alone, Dümmel founded the company DS Invest, which buys into the new start-up companies and directs and manages the fortunes of the entrepreneurs.
His nickname “Mister Regal” clearly refers to his target audience. Dümmel is always on the hunt for new, innovative products and does not shy away from unconventional topics such as bad breath after eating garlic or unbreakable tights. He invests in products and people and expects a lot from the entrepreneurs. No wonder, with an investment sum of over 3 million euros. When things get “dumpy” again at “The Lion’s Den”, the investor, who is always joking, lets his experience in the field of market launch flow into it.
Dümmel has already been very successful in selling products such as the drainage fee, the indestructible Bataillon Belette tights, the Papa Türk drink, the ironing-clou and the Malzit spread. The profits from the completed investments are not known. In an interview, Dümmel stated that he was not interested in selling his shares again as quickly and profitably as possible. He and his employees at DS Invest are contacts for the founders and want to support them in the long term. A sale of the shares would be coordinated closely with the entrepreneurs.
In 2000, Ralf Dümmel was able to assume the position of managing director at DS Produkte. Since his work on the TV show “Die Höhle der Löwen”, he has become well known and has invested over 3 million euros in start-up companies to date.
“Hard work, diligence, fighting for goals and the courage to think big are simply part of entrepreneurship.”
“I mainly invest in people and not in numbers. When the perfect team also comes up with a brilliant product idea, I can’t be held back.”
“You should always invest in the right people and don’t forget that you also have to enjoy what you do.”
tips for success
Ralf Dümmel is a down-to-earth and extremely experienced entrepreneur. His many years of professional experience and the fact that he learned his professorship from scratch help him today when making investment decisions and managing the company. Dümmel turned out to be a generous entrepreneur who wanted to make everyone he invested in a millionaire. He stands behind every project with heart and all his wealth of knowledge and experience.
Dümmel recognizes new products with potential. His specialty is in product launches, this is where he is and where he has extensive international connections. This network helps him to implement large projects and push start-up companies. Dümmel embodies this networking. He thinks it’s difficult for a lone wolf to make a product big, even if it’s innovative. You have to find and win partners. Create trust, set goals and then fight for them. His experience and business relationships are some of Ralf Dümmel’s great secrets of success.
|Estimated value:||€20 million|