Elisabeth Mohn net worth & biography:
Elisabeth (Liz) Mohn and her kids have 19% of the German transnational mass media corporation called Bertelsmann. A few of the greatest assets possessed by the firm comprise European broadcaster RTL Group; the world’s largest book-publishing group, Random House; along with Europe’s biggest magazine publisher, Gruner Jahr. Talking of the Bertelsmann’s operating profit (EBIT) last year, it rose by 5.2% to $1.04 billion, while sales fell marginally to $10 billion. In the initial half of 2013, Bertelsman even made a decision to go for competitive cost cutting, so that you can improve its profitability in the always challenging market environment during the time. As for Elisabeth Mohn’s function in the organization, she sits on Bertelsman’s supervisory board as well as on the board of the Bertelsmann Foundation. The foundation, which works on instruction and fostering mutual understanding and dialogue between different countries and cultures, possesses 81% of the organization. Two of Liz and Reinhard Mohn’s three kids, Brigitte and Christof, serve on the organization ‘s supervisory board.