SPIEGEL is 90 percent owned by members of Germany's Otto family, whose Otto-Versand GmbH is one of the largest catalog retailers in the world. For the first 100 years of its history, Spiegel was primarily a family business. The company was founded in 1865 by Joseph Spiegel, the son of a German rabbi.
It was founded in 1994 as the online offshoot of the German news magazine, Der Spiegel, with a staff of journalists working independently of the magazine. SPIEGEL is the largest German news website. Before the renaming in January 2020.
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