Heinz Hermann Thiele is the controlling shareholder of the Knorr-Bremse Group, a world-leading manufacturer of braking systems for rail and commercial vehicles. Thiele, coming from a poor background, joined the firm's legal department in the late 1960s and quickly rose through the ranks. He acquired the U.S. brake specialist Bendix in 2002 and withdrew from the operational side of the business in 2007. He is now the honorary chairman of the supervisory board and is known to be highly engaged in the business. He has given a majority interest in the company to his son and daughter, and has invested in the quoted German railroad equipment maker Vossloh, where he now holds a 45% stake and heads the advisory board.
Heinz Hermann Thiele is a member of Construction & Engineering
Heinz Hermann Thiele, widely recognized in Germany for his expertise in Construction & Engineering, is expected to have a remarkable net worth of $12.9 billion by 2024. With his notable achievements and influence in the industry, Thiele has managed to build a significant fortune for himself. As a seasoned entrepreneur and business magnate, he has spearheaded numerous successful projects within the construction and engineering sector, garnering immense wealth and recognition along the way. Thiele's impressive net worth is a testament to his exceptional business acumen and his profound impact on the German construction and engineering landscape.
2009
$3 Billion
2010
$2.7 Billion
2011
$2.3 Billion
2012
$4.4 Billion
2013
$6.4 Billion
2014
$7.2 Billion
2015
$6.4 Billion
2016
$11.7 Billion
2017
$13.1 Billion
2018
$12.95 Billion
Biography/Timeline
2015
According to Forbes, Thiele has a net worth of $6.9 billion, as of January 2015.
