Heinz Hermann Thiele Net Worth
Heinz Hermann Thiele is a German billionaire who has made his fortune through a variety of business ventures. He is the founder and former chairman of the board of directors for the tech company WECON Technologies, and he also has major investments in real estate and other businesses.
Heinz Hermann Thiele’s Education, Career
Heinz Hermann Thiele is a German billionaire businessman and investor. As of March 2021, he has a net worth of $21.4 billion, making him the richest person in Germany and the 107th richest person in the world. Heinz Hermann Thiele started his career as a trainee at Lufthansa before going on to study engineering at the Technical University of Munich. He then joined Knorr-Bremse, an automotive supplier, where he eventually became CEO. In 1993, Heinz Hermann Thiele acquired a controlling stake in Knorr-Bremse, and he remained CEO until 2002. Heinz Hermann Thiele also owns significant stakes in various other companies, including Lufthansa, Siemens, and Continental AG. He is known for his contrarian investing style and for his frugality; he is reportedly one of the few billionaires who does not own a yacht or a private jet. Heinz Hermann Thiele has been married twice and has five children.
How much is Heinz Hermann Thiele Net Worth?
Heinz Hermann Thiele is a German billionaire entrepreneur with a net worth of $13.1 billion. Heinz is the founder, majority shareholder and CEO of Knorr-Bremse, the world’s leading manufacturer of braking systems for rail vehicles. Heinz also has a significant stake in Lufthansa, Germany’s largest airline. Heinz began his career as an engineer at Siemens, where he worked on the development of the first anti-lock braking system (ABS) for cars. He left Siemens in 1977 to found Knorr-Bremse, which quickly became the market leader in braking systems. Heinz has been credited with saving Lufthansa from bankruptcy in 1993, and he currently sits on the airline’s supervisory board. Heinz is widely respected as one of Germany’s most successful entrepreneurs, and his story is an inspiring example of what can be achieved through hard work and determination.
Conclusion
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