Know Karl Wellner's Net Worth - CEO of Papamarkou Wellner Asset Management

Karl Gerd Wellner is a Swedish businessman, working as the President and CEO of Papamarkou Wellner Asset Management since 2003. Furthermore, Karl is the founder and partner at Kawe Kapital. Wellner has a net worth of $45 million today. 

In fact, he is also known as the husband of the American TV personality, journalist, author, and businesswoman, Deborah Norville. She has a net worth of $6 million.

Net Worth: 

Karl Gerd Wellner is a Swedish businessman, working as the President, CEO, COO, Chairman, and Director of Papamarkou Wellner Asset Management Inc. since 2003. Furthermore, Karl is the founder and partner at Kawe Kapital. Wellner has a net worth of $45 million today. 

Business Clients:

After Alexander Papamarkou passed away, Wellner took over the business. According to him, they only deal with clients who have a net worth limit of $10 million or more. 

They have clients who have several $100 million in investable assets. He says they have about 120 client relationships and several billion dollars of assets.

Investment & Shares:

As a businessman with a $45 million net worth, he is also an investor and a business executive. He must have invested some part of his income on various investments and the share market too. 

The investments will result in profitable returns. Similarly, the rise in the price of shares will result in a significant amount in return.

House & Car:

The romantic couple was living in a luxurious apartment with their kids for the last 17 years. In March 2019, they listed their Park Avenue apartment for sale at $4.5 million.

The apartment consists of four-bedroom, four-bathroom, covering an area of 3000 sq foot. Moreover, the apartment has monthly maintenance ranging to $7632. Wellner also owns one or more cars which are worth millions.

Short Bio of Wellner:

Karl Gerd Wellner is a Swedish businessman, working as the President and CEO of Papamarkou Wellner Asset Management since 2003. Furthermore, Karl is the founder and partner at Kawe Kapital. Additionally, he is a Brooklyn College graduate.

Karl married his long-time girlfriend, Deborah Norville, an American TV personality, journalist, author, and businesswoman on 12th December 1987 in Swedish and English at St. James Episcopal Church, New York. The lovely couple is blessed with a daughter, Mikaela, and two sons: Niky and Kyle.

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