 Julius Meinl V was born in Vienna, Austria to a wealthy family.To prepare him to join the family business, he was educated at the "Ecole des Hautes Etudes Economiques, Juridiques et Sociales", St Gallen, one of the world's leading business schools.He then gained experience in London with Swiss Bank Corporation and later in the United States with Brown Brothers Harriman, America's oldest and largest private bank.