Georg Schaeffler Bio
Georg Schaeffler is a German billionaire business man. He is best known as the son of the founder of the ‘Schaeffler Group’. It is the largest producer of machine components and ball bearings. He is the only left heir of this larges association, after the death of his father and brother.
Georg Chaeffler was born in Erlangen, Germany on October 19, 1964. He has completed his studies from the University Of St. Gallen Switzerland in the field of business and economics. Later on he has done law degree from Duke University and also done practice of law in Dallas.
Georg Schaeffler as expanded his father’s legacy, he has took over his father’s company and managed to take it over heights. He faced misfortune when hi father died unexpectedly, when Georg was still studying. Georg worked on the separation of management and ownership with his mother along with the hiring of an external CEO to manage daily operations. In year 2009, he joined his mother, who had been running Schaeffler after the death of her husband, Wilhelm, who
founded the firm with his brother in 1946. Right now Schaeffler group has become one of the largest tire manufacturers in the world.. The Schaeffler Group has over 80,000 employs in 170 locations in 49 different countries.
Georg Schaeffler has been married twice in life and also divorced twice in his life. He has four children from his marriage with Bernadette Muehlen.
Despite of having such traumatic life, Georg Schaeffler has earned a very good name, and created goodwill and became richest man of Germany.
As per information available on web sources, Wang Georg Schaeffler’s net worth is reported to be $14.1 billion. He is ranked at number 96 on the list of Forbes World Billionaires list.