Billionaires

Maria-Elisabeth Schaeffler Net Worth

Published

6 mins ago

April 18, 2024

Daniel Wanburg

Maria-Elisabeth Schaeffler's Net Worth as of 2024
$6.5 Billion

Maria-Elisabeth Schaeffler is a Prague, Czechoslovakia-born German businesswoman best known for being one of the owners of Schaeffler AG and Schaeffler Technologies AG & Co. KG (better known as the Schaeffler Group). Born on 17 August 1941, Maria is now one of the richest and most successful businesswomen in the world. A well-known name in business worldwide, Maria is the widow of Georg Schaeffler, former German industrialist.

A highly regarded businesswoman who has managed to grow the overall business of the Schaeffler group under her ownership, how rich is Maria-Elisabeth as of now? As of early 2016, she counts her net worth at the amount of $6.5 billion as stated by authoritative sources. Needless to say, she has managed to amass her wealth from her involvement in the business of Schaeffler group which her husband, Georg left for her upon his death.

Maria-Elisabeth Schaeffler Net Worth $6.5 Billion

Raised in Vienna, Austria, where she enrolled in the university’s medical school, Maria married Georg in 1963 and moved to Germany where George operated his business of producing rolling bearings under his company Schaeffler Group, and Maria helped him with his businesses until he died in 1996, leaving the ownership of his company to his widow. Since she took over the Schaeffler Group, Maria has managed to take the company to a whole new level and now has made it one of the largest producers of rolling bearings in the world. Obviously, the company’s successful operations have been adding billions of dollars into Maria’s account over the years.

Since her entrance as a part-owner of the Schaeffler Group, Maria has shown her clever business skills on several occasions. During her time, the group acquired FAG Kugelfischer and took over LuK GmbH. In 2008, the Schaeffler Group bought a much larger company Continental AG and after all these lucrative business deals, the group has become one of the largest when it comes to rolling bearings. Of course, along with these accomplishments gathered by the Schaeffler Group, Maria has also managed to add billions of dollars into her account.

Given her impeccable skills in business, Maria has been rewarded and recognized many times with awards and honors. One of the most prestigious honors she has earned is the Cross of Merit with Ribbon which was given to her by Nuremberg Chamber of Commerce. She was also awarded the Bavarian Order of Merit in 2003 and was recognized as “Family Entrepreneur of the Year” in 2004 by Impulse magazine. More recently, she was rewarded with “Gold Medal of the District” in 2012. These and other awards have recognized Maria as one of the very successful and skilled businesspeople in Germany.

As for her personal life, in 2014 Maria married Jürgen Thumann, a former President of the Federation of German Industries, and they reside at Franconia, Bavaria. Her son Georg also works with her at the business. For now, 74 years old Maria has been enjoying her career as one of the most successful businesswomen in Germany while her present net worth of $4.5 billion has been complementing her life.

Daniel Wanburg

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

Click to comment

Billionaires

Jefferey Hildebrand Net Worth

Published

4 mins ago

April 18, 2024

Daniel Wanburg

Jeffery Hildebrand is a successful American businessman, born in 1959, and best known as the founder, CEO and chairman of the Hilcorp Energy Company, which is now one of the largest oil and natural gas exploration and production companies privately-held in the US.

Have you ever wondered how rich Jeffery Hildebrand is? According to sources, it has been estimated that Jeffery Hildebrand’s overall net worth is $4.2 billion, accumulated through an outstandingly successful and lucrative career as an entrepreneur, since the early ‘90s. As he is still an active businessman, his net worth continues to increase.

Jeffery Hildebrand Net Worth $4.2 Billion

Jeffery attended the University of Texas at Austin, where he first earned a bachelor’s degree in geology in 1981 and then a master’s degree in petroleum engineering four years later. During his studies, Hildebrand was also a member of the Pi Epsilon Tau fraternity. His career beginnings were at the American Energy Capital Corporation, Exxon Company and the Dan A. Hughes Company.

However, his career really started moving upwards in 1989, when he founded Hilcorp Energy Company. This oil and gas exploration and production company, headquartered in Houston, soon became one of the leaders in the US. It now has operations in multiple states including the Rockies, the Gulf Coast and Northeast US, as well as Alaska. In 2011, the company sold its interests in Eagle Ford Shale to Marathon Oil for approximately $1.4 billion. Years after its foundation, it appeared on Fortune Magazine’s 100 Best Companies to Work For three years in a row – in 2013, 2014 and 2015. This proved to be true, as Jeffery gave each one of his 1400 employees a $100,000 bonus to thank them for their efforts in making his business the most profitable privately held oil and gas company in the US.

Apart from this, Hildebrand is a member of several other associations, including the Engineering Advisory Board, The National Petroleum Council, the Houston Energy Finance Group, the All American Wildcatters, the Independent Petroleum Association of America, the American Association of Petroleum Geologists, the Texas Independent Petroleum Royalty Owners Association, the Louisiana Independent Oil and Gas Association among many others. He was also appointed to the University of Texas Regent Wallace Hall in 2011.

The successful businessman that he is, Jeffery holds several other positions, on the boards of Central Houston, Inc. the Houston Livestock Show and Rodeo and the Houston Police Foundation. He is Vice-Chairman of the University of Texas Systems Board of Regents, chairman of the University of Texas Investment Management Company, and a member of the University Lands Advisory Board.

When it comes to his private life, Jeffery is married to Mindy; they have three children and reside in Houston, Texas. As for political involvement, since the beginning of the 2000s, Hildebrand has donated more than $360 000 to politician Rick Perry.

Billionaires

Jorge Perez Net Worth

Published

4 mins ago

April 18, 2024

Daniel Wanburg

Jorge M. Perez is a real estate developer and author, born on 17th October 1949 in Buenos Aires, Argentina. He is now one of the more successful entrepreneurs in the US, and has developed or managed around 90,000 residences in the past four decades. Jorge is also a longtime friend of US President Donald Trump, with whom he has cooperated in building Trump-branded properties.

Have you ever wondered how rich Jorge Perez is? According to sources it has been estimated that Jorge Perez’s overall net worth is $2.8 billion, accumulated through his business career which now spans more than forty years. Since he is still an active businessman, his net worth continues to increase.

Jorge Perez Net Worth $2.8 Billion

Perez was born to Cuban parents of Spanish origin, and actually grew up in Colombia, before his family migrated to the US – Miami – in 1968. He studied at Long Island University C.W. Post Campus, graduating with a bachelor’s degree, and went on to further his knowledge at the University of Michigan, where he earned a master’s degree in urban planning. Before entering the real estate business and becoming a developer, Jorge was an economic development director in Miami. However, in 1979 he met New York developer Stephen Ross, and the two founded “The Related Companies”. The business grew as time went by, and Perez made his fortune by building and operating affordable housings during the ‘80s. Over the years, his company partnered with famous names in interior design and architecture, collaborating with people like Bernardo Fort Brescia, Philippe Starck, Piero Lissoni, Karim Rashid, David Rockwell and many others. In time, they switched to high-end condo constructions and became one of the most prolific condo builders in the Southern US, which launched Perez to the top of the Hispanic Business 500 list. Clearly his net worth was already substantial.

Apart from being a successful businessman, Jorge is also an active Democratic fund raiser, who advised Bill Clinton and raised money for the presidential campaign of Senator Hillary Clinton.
After Barack Obama became the presidential nominee in 2008, Perez also hosted and raised money for the future president. The financial crisis of 2007-2010 didn’t hit Jorge, as he weathered it by changing the way of his business. Most of his projects were financed by equity partners, so the company took on much less debt. His net worth continued to rise.

Perez is also known as President Donald Trump’s longtime friend and business partner, the two having co-operated on three Florida projects together over the years. Jorge is actively involved in supporting the cultural life of Miami, and often sponsors programs such as Miami International Film Festival, The National Young Arts Foundation and Independent Film/Video Artists Program.

The Perez Art Museum in Miami received a $40 million donation from his company and the Jorge M.Perez Architecture Center at the University of Miami was named after him.

Privately, Jorge and his wife Darleen have four children, and reside in Miami.