Michael Herz

Michael Herz (born September 28, 1943) is a German businessman, co-owner of the German coffee shop and retail chain Tchibo. Family business In 1965, after the death of his father Max Herz, who co-founded Tchibo in 1949 with Carl Tchilinghiryan, Herz joined Tchibo as head of sales. Tchibo is 100% owned by family members. In 2003, along with his mother and brother Wolfgang, he bought out his other brother, Günter Herz, and sister, Daniela Herz-Schnoekel. In 2007, the Tchibo holding company, changed its name from Tchibo Holding AG to Maxingvest AG.