Nils Glagau Fortune

Short introduction

Nils Glagau is a successful entrepreneur and has recently become an investor in the TV series “Die Höhle der Löwen” on the TV station VOX. He is the owner and managing director of Orthomol, a company that sells nutritional supplements. Orthomol was founded by his father, who died in 2009. Little is known about his family life. Glagau is a father of twins and married.

Early life

Nils Glagau was born in Bad Homburg before the height and grew up in the tranquil Rhineland. In the early 1990s, his father, Kristian Glagau, founded the Orthomol company, Hand Dietl, with a chemist he knew well. It produces and sends products from the orthomolecular area of medicine. The aim is to provide nutrient depots that can be replenished through food with sufficient amounts of vitamins and nutrients in the right dosage. The targeted use of food supplements and vitamin preparations is rather low in Germany. In other countries, however, such preparations are used much more often and without hesitation.

It was not clear from the beginning that Nils Glagau would take over his father’s company. The company, more or less developed out of the garage at the time, grew into a lucrative company while Kristian Glagau was still alive, but Glagau Junior initially had other plans. He graduated from high school and began studying ethnology at the Rheinische Friedrich-Wilhelms-Universität in Bonn.

He was interested in ancient cultures and researched in South and Central America. His focus was on old American studies. He traveled to Tibet and Mexico for his specialties, Mayan culture and Tibetan Buddhism, and spent his time far from the world of micronutrients and nutritional supplements.

Career

It was only the death of his father, Orthomol’s co-founder Kristian Glagau, that brought Nils Glagau closer to the company. In 2009, Glagau Senior died unexpectedly from the sequelae of pulmonary embolism.

The company had to reorient itself and Nils, his mother and his sister were appointed managing directors of the company.

The current CEO is now responsible for marketing and sales. Since his mother has completely withdrawn from the company and has transferred her shares to her children and his sister does not operate in the company, Nils Glagau is the only family sprout who actively shapes the future of Orthomol. He has hired another managing director, Michael Schmidt, who takes care of the technical processes of the company.

The Orthomol Group is divided into different companies. Orthomol Holding GmbH is the head of the company and belongs to the two Glagau siblings to fifty percent each. It includes Orthomol Pharmaceutical Vertriebs GmbH, Ortho-Trinity GmbH, Orthomed Vertriebs GmbH for food supplements and Orthomed Vertriebs GmbH and & KG for food supplements. Orthomol pharmaceutical sales GmbH is the company that generates the most. In 2017, the turnover was 94 million euros. The profit amounted to 26 million euros. The operating company is also divided between the two siblings. Nonetheless, the CEO of the company still has a pretty penny to spare.

The move to appear as one of the lions on television is likely to increase the company’s sales even further and help it to become more familiar in Germany. As CEO of Marketing, Glagau did everything right. As a lion, he can of course also look forward to a fee from the broadcaster VOX.

Career highlights

In 2017, the Orthomol Group generated 94 million euros. The balance sheet profit was a total of 26 million euros.

Nils Glagau has been a new lion on the TV show “Die Höhle der Löwen” since 2019 and has already invested in two companies.

Famous quotes

“I go to every world when the founders and ideas convince me.”

“You can’t stand still today. No matter how strong the brand or how big the unique selling point of the product is – today everything is relative. ”

“I am very authentic.”

Success tips

Since he also runs the family business with a lot of passion and commitment, he expects this from future entrepreneurs. Passion and in-depth knowledge in the respective fields are essential to be successful.

A healthy self-confidence is also part of his secret of success. He initially studied something completely unrelated to his subject and, even at an early age, dared to run the family business with around 400 employees.

Nils Glagau stands for development and innovation. He recommends walking with the times and not stopping. Entrepreneurs should position themselves more broadly and establish several supporting pillars in their company. This safeguarding and distribution over several areas makes it easier to react to changes. New and fresh ideas are important to be successful. He was enthusiastic about the start-up scene and saw it as the future of entrepreneurship and an opportunity to create many jobs and help people succeed.