Ralph Dommermuth net worth & biography:
Ralph Dommermuth Net Worth: Ralph Dommermuth got his wealth as the creator and CEO of United Internet AG, among Germany’s leading Internet access providers. Dommermuth made his career starts as a pc salesman, right after he finished an apprenticeship at Deutsche Bank in 1983. Five years after, he found United’s forerunner firm, 1&1 AG, using a borrowed desk and DM 500,000 in starting capital. Initially, the organization offered technology-savvy advertising services for small-scale applications and telecommunications providers, before getting large customers like IBM, Compaq and Deutsche Telekom. In March 1998, Dommermuth took the firm public on Germany’s then-new stock exchange for high tech firms, the Neuer Markt. Since that time, he possesses over 40% of the firm.