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Dutch Billionaire & Founder of World Largest Recruitment Firm Randstad Frits Goldschmeding Dies at Age 90 with $5 Billion Fortune, Randstad Founded in 1960 by Frits Goldschmedin & Gerrit Daleboudt, Frits Goldschmedin Wrote a Thesis on Temporary Employment at VU University Amsterdam & Turned it into a Company from His Dormitory with the Firm Called Uitzendbureau Amstelveen, Changed Name to Randstad Uitzendbureau in 1963, Frits Goldschmeding Retired in 1998 at Age 65 & Remains as Randstad Largest Shareholder, Randstad IPO in 1990 & Has Current Market Value of $8.6 Billion
2nd August 2024 | Hong Kong
Dutch billionaire & founder of world’s largest recruitment firm Randstad, Frits Goldschmeding has died at age 90 (26/7/24) with more than $5 billion fortune. Randstad was founded in 1960 by Frits Goldschmedin & Gerrit Daleboudt (economics classmates). Frits Goldschmedin had wrote a thesis on temporary employment at VU University Amsterdam, and turned the thesis into a company from his dormitory with the firm called Uitzendbureau Amstelveen. In 1963, the firm changed name to Randstad Uitzendbureau. Frits Goldschmeding retired in 1998 at age 65, remains as Randstad largest shareholder. Randstad IPO in 1990 & has a current market value of $8.6 billion.
“ Dutch Billionaire & Founder of World Largest Recruitment Firm Randstad Frits Goldschmeding Dies at Age 90 with $5 Billion Fortune, Randstad Founded in 1960 by Frits Goldschmedin & Gerrit Daleboudt, Frits Goldschmedin Wrote a Thesis on Temporary Employment at VU University Amsterdam & Turned it into a Company from His Dormitory with the Firm Called Uitzendbureau Amstelveen, Changed Name to Randstad Uitzendbureau in 1963, Frits Goldschmeding Retired in 1998 at Age 65 & Remains as Randstad Largest Shareholder, Randstad IPO in 1990 & Has Current Market Value of $8.6 Billion “
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Frits Goldschmeding – Frits Goldschmeding was born on 2 August 1933 in Amsterdam and studied Economics at the VU Amsterdam, the Netherlands. After writing a thesis on temporary work as part of his Master’s Degree in Economics, Frits together with a fellow student, founded Uitzendbureau Amstelveen (later Randstad Uitzendbureau) in 1960. He held the CEO position for 38 years, growing the company and actively lobbying to improve the image of the staffing industry as well as strengthen the legal position of staffing employees. He joined the Supervisory Board of Randstad N.V. in 1999 and retired from that position in 2011. What started from a dorm room, has in over 60 years grown into the world’s largest talent company, with approx. 40,000 employees in 39 countries and annual revenue of €25.4 billion in 2023. Frits Goldschmeding founded Randstad with a commitment to ensuring that long term sustainability is always at the core of the company. This led to Randstad’s core values – to know, to serve, to trust, striving for perfection, and the simultaneous promotion of all interests – that continue to form the foundation of our strong, people-focused culture today.
Frits Goldschmeding was the honorary chairman of ABU, the Dutch industry association for private employment agencies, after serving on its board for many years. In 1985 Frits Goldschmeding received the Royal Decoration Officer in the Order of Orange Nassau. At the 35th anniversary of the Randstad Group he was also appointed Knight in the Order of the Dutch Lion. In 1994 he received an honorary doctorate from the University of Rochester in recognition of the contribution Randstad had delivered to the Dutch economy and society. Because of its contribution to socioeconomic developments in Belgium, he was appointed Commander of the Order of Leopold II in 1999. In addition, he received an honorary doctorate from the Nyenrode Business University in 2006. From 2007 to 2009, he held the position of professor. J. Postma Chair for Entrepreneurship at Nyenrode Business University.
In 2015 he established the Goldschmeding Foundation, which is a philanthropic foundation. The foundation is dedicated to improving the way people work and cooperate, believing that if we serve each other’s interests, we work together towards a better world. With its knowledge, funding and network, the Goldschmeding Foundation supports promising initiatives with demonstrable societal impact. Together we are dedicated to an inclusive labor market, sustainable ways of working and a humane economy. Working together towards a better world.
Dutch Billionaire & Founder of World Largest Recruitment Firm Randstad Frits Goldschmeding Dies at Age 90 with $5 Billion Fortune, Randstad Founded in 1960 by Frits Goldschmedin & Gerrit Daleboudt, Frits Goldschmedin Wrote a Thesis on Temporary Employment at VU University Amsterdam & Turned it into a Company from His Dormitory with the Firm Called Uitzendbureau Amstelveen, Changed Name to Randstad Uitzendbureau in 1963, Frits Goldschmeding Retired in 1998 at Age 65 & Remains as Randstad Largest Shareholder, Randstad IPO in 1990 & Has Current Market Value of $8.6 Billion
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