Georg Schaeffler
About Georg Schaeffler:
Georg Schaeffler is a German billionaire entrepreneur and businessman. He was born on October 19, 1964, in Erlangen, Germany. He is the co-owner of Schaeffler Group, a family-owned manufacturing company that specializes in producing ball bearings and other automotive components.
Georg Schaeffler joined the family business in 1996 and took over the management of the company alongside his mother, Maria-Elisabeth Schaeffler-Thumann, after the death of his father in 1996. Under his leadership, the company has grown significantly and expanded its product line to include a range of industrial products and systems. Today, Schaeffler Group is one of the largest producers of bearings in the world and has operations in over 50 countries.
In addition to his work at Schaeffler Group, Georg Schaeffler is also involved in a number of philanthropic endeavors. He established the Maria-Elisabeth and Georg Schaeffler Foundation in 2009 to support research and education in various fields, including science, medicine, and engineering. The foundation has provided significant funding to a number of research institutions and universities in Germany and around the world.
As of my knowledge cutoff in September 2021, Georg Schaeffler's net worth was estimated to be around $20.4 billion USD according to Forbes' real-time billionaire tracker.
Georg Schaeffler Net Worth:
As of my current knowledge cutoff in September 2021, Georg Schaeffler's net worth was estimated to be around $20.4 billion USD according to Forbes' real-time billionaire tracker. However, it's important to note that net worth can fluctuate depending on various factors such as stock prices, business deals, and economic conditions.
Georg Schaeffler Net Worth in Rupees:
Georg Schaeffler's net worth of $20.4 billion USD would be approximately equal to 1.5 trillion Indian rupees. However, exchange rates and financial markets are subject to fluctuations, so this estimate should be taken as a rough approximation.
Georg Schaeffler Education:
Georg Schaeffler completed his high school education in Germany before attending Friedrich-Alexander University in Erlangen-Nuremberg, where he studied business administration. He earned a degree in business administration from the university in 1989.
After completing his studies, Georg Schaeffler worked for several years at various financial institutions, including Deutsche Bank and Goldman Sachs. In 1996, he joined the family-owned Schaeffler Group, where he initially worked in the company's financial department. He later became a member of the company's executive board and co-CEO, along with his mother Maria-Elisabeth Schaeffler-Thumann. Under his leadership, Schaeffler Group has become one of the largest producers of bearings and automotive components in the world.
Georg Schaeffler Life Style:
Georg Schaeffler is known to be a private individual and little is publicly known about his personal life or lifestyle. However, as a billionaire entrepreneur and businessman, he likely enjoys a luxurious lifestyle with access to high-end goods and services.
In addition to his work at Schaeffler Group, Georg Schaeffler is also involved in philanthropic activities through the Maria-Elisabeth and Georg Schaeffler Foundation, which he established in 2009. The foundation supports research and education in various fields, including science, medicine, and engineering. Georg Schaeffler's philanthropic activities suggest that he is committed to making a positive impact on society and contributing to the advancement of scientific knowledge and innovation.
Georg Schaeffler Companies:
Georg Schaeffler is the co-owner of Schaeffler Group, a family-owned manufacturing company that specializes in producing ball bearings and other automotive components. The company was founded by Georg's father, Wilhelm Schaeffler, in 1946 and is based in Herzogenaurach, Germany.
Under Georg Schaeffler's leadership, Schaeffler Group has expanded its product line to include a range of industrial products and systems. Today, the company is one of the largest producers of bearings in the world and has operations in over 50 countries. Schaeffler Group's products are used in a variety of applications, including automotive, aerospace, and industrial machinery.
In addition to Schaeffler Group, Georg Schaeffler also has interests in other companies, including Continental AG, a German automotive parts manufacturer, and INA-Holding Schaeffler GmbH & Co. KG, a holding company that controls Schaeffler Group. He also has investments in various other businesses through his family office, which manages his personal wealth.
Georg Schaeffler Family Background:
Georg Schaeffler comes from a family of entrepreneurs who have been involved in manufacturing and engineering for several generations. His father, Wilhelm Schaeffler, founded Schaeffler Group in 1946, and his mother, Maria-Elisabeth Schaeffler-Thumann, played a key role in expanding the company's operations and product line.
Georg Schaeffler's family has a long history of innovation and entrepreneurship. His grandfather, Georg Schaeffler Sr., was a pioneer in the development of roller bearings in Germany in the early 20th century. The Schaeffler family's expertise in bearings and mechanical engineering has been passed down through generations and has helped the family establish a successful global business empire.
Today, Georg Schaeffler is one of the wealthiest individuals in Germany, and his family's business interests continue to be a major force in the country's manufacturing and engineering sectors. The Schaeffler family is also known for its philanthropic activities, with the Maria-Elisabeth and Georg Schaeffler Foundation supporting research and education in various fields.
How Much Money Does Georg Schaeffler Have:
Georg Schaeffler is estimated to have a net worth of approximately $18.5 billion USD as of May 2023, according to Forbes. He is one of the wealthiest individuals in Germany and is ranked among the top 100 richest people in the world.
The majority of Georg Schaeffler's wealth comes from his co-ownership of Schaeffler Group, a family-owned manufacturing company that specializes in producing ball bearings and other automotive components. Schaeffler Group is one of the largest producers of bearings in the world and has operations in over 50 countries. The company's success has helped Georg Schaeffler amass a significant fortune over the years.
In addition to his stake in Schaeffler Group, Georg Schaeffler also has investments in various other businesses through his family office, which manages his personal wealth.
Some Social Official Links of Georg Schaeffler:
Official Website: https://www.schaeffler.com/en/
Instagram: https://www.instagram.com/georgschaeffler104/?hl=en
Twitter: https://twitter.com/SchaefflerGroup
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