Wolfgang Leitner
ACTUAL TIME TOTAL ASSETS– since 5/6/17
$ 1.99 B.
Wolfgang Leitner $6.7 billion (2015 sales) ANDRITZ, a distributor of plants, devices, as well as services for hydropower terminals, the pulp as well as paper sectors and also the steel industry among others. Leitner had very early direct exposure to the firm as the child of an equipment fitter for ANDRITZ, which is located in Graz, Austria. He took place to obtain his doctorate in chemistry from the College of Graz as well as started his profession as a study at Vianova/Hoescht in 1978. He signed up with McKinsey as an expert in 1981. 2 years later on, he was offered the job of reorganizing ANDRITZ after the firm experienced losses from a worldwide oil dilemma and also around the world economic stagnancy. He left McKinsey in 1985 and also a year later on established Genericon, a firm focused on marketing generic medications; he still personally possesses that company. 2 years afterwards, he signed up with ANDRITZ as its CFO. In 1994 he was designated president as well as Chief Executive Officer, titles he still holds today. Throughout his , he led a monitoring buyout, backed by private-equity capitalists consisting of Carlyle Team as well as GE Funding, and also later on took the firm public on the Vienna Stock market. Leitner has 25% plus one share of ANDRITZ.
Wolfgang Leitner Net Worth: Wolfgang Leitner is an Austrian manager and entrepreneur who has a net worth of $1.9 billion. Wolfgang Leitner rose to riches thanks to his exceptional performance at Andritz, a producer of processing machinery mainly present in the pulp and paper market. Precisely speaking, he serves as its President and CEO, as well as he is the largest single shareholder in the company through the Custos private foundation.
Source:
1. Forbes