Life & Culture

Benjamin Herzog – Is the Austrian entrepreneur planning a new fashion brand?

Benjamin Herzog – Is the Austrian entrepreneur planning a new fashion brand?

It is no longer unusual for young entrepreneurs from all over the world to capture the global market with new innovative ideas and concepts. Benjamin Herzog is one of the most well-known young entrepreneurs in Austria. He is also known as the youngest start-up millionaire in Austria. Benjamin was born on 13. August 1997 in Klagenfurt, where he also spent most of his childhood. Only recently, Benjamin Herzog was named one of the youngest successful entrepreneurs under 25 in Austria. Shortly after learning graphic design for 6 months, he joined some well-known start-ups like Foundation of Tea Time, where he gained his first experience in entrepreneurship.

In January 2018, Benjamin Herzog invested into Avintex GmbH, which is now one of the second largest cloud mining providers in Austria and has customers from all over the world. His second major project with Payment Solutions started in August 2018. In October 2018 he also worked with PhoneX Pay, which is known today as “Transfera”. The successful young entrepreneur then decided to found EXW Wallet in August 2019. In 2020, Benjamin Herzog is aiming for real estate business and is already planning the foundation of Real Estate Ltd. in the metropolis of Dubai. There he is to be involved in the purchase and also in the development of the properties.

Through insiders, we have known that Benjamin Herzog is working on a new luxury fashion brand. The name of the brand has already been decided, and it will be called “Understatement”. Understatement should be able to compete with equally luxurious brands from top designers like Givenchy, Amiri or Louis Vuitton.

The future still holds a lot of options open for the young 23-year-old, who has already proven himself as an successful entrepreneur in countless projects. His habits and innovative concepts are an inspiration for many young people from all over the globe.

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