Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says ‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse U.S. stocks fall after Iran says Strait of Hormuz will remain shut Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf Gordan Chang – “China Is Broke – Rulers Are Desperate – Bad Things Are Going to Happen” American Airlines will stop upgrading elite flyers to business from coach on long domestic flights Does Africa still back Infantino as Fifa president? A billion SpaceX shares unlock Thursday. Wall Street isn’t worried: ‘You never bet against Elon.

Fritz Draexlmaier

Fritz Draexlmaier

Fritz Draexlmaier (#3241)

Global Rank #3241
Country Rank #206
Country Germany

Fritz Draexlmaier is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 1 B
  • Auto parts
  • Germany
  • M
  • 74 Years

Snapshot

Quick Facts

Global Rank #3,241
Country Rank #206
Net Worth $1.1B
Previous Worth $1.1B
Worth Change +$0.0B
Country Germany
Industry Auto parts
Age 74 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 14 Aug 2026, 12:00 AM
Residence Landshut, Germany
World Billionaires List Germany Billionaires Auto parts

Profile Data

Personal Stats

Age 74
Source Of Wealth Auto parts
Residence Landshut, Germany
Citizenship Germany
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $1.1B
Current Net Worth $1.1B

Worth as of May 4, 2026

About Me

Fritz Draexlmaier's eponymous auto parts maker counts among its customers Audi, BMW, Cadillac, Land Rover, Maserati, Mercedes-Benz, Porsche and Tesla. Founded by his parents, Draexlmaier Group began in 1958 with an order for wiring harnesses for the Goggomobil, a microcar produced by Hans Glas GmbH. A company speciality, wiring harnesses run throughout the entire vehicle connecting electrical components and relaying data and electrical power. It has diversified into the manufacture of electronic components, consoles, door and instrument panels and exclusive interiors for specific model Although he stepped down as CEO in early 2019, Fritz continues to serve as chairman and shareholder representative. Draexlmaier has more than 65,000 employees and 60 business sites across 20 countries.

Insights

Did You Know?

Fritz is an only child. His father, Fritz Sr., died in 1995 at age 80, and his mom, Lisa, died in 2018 at age 100.

In 2017, Draexlmaier Group opened its first U.S. manufacturing site in Livermore, California, with 230 employees.

Wealth Growth

Net Worth Growth Over Time

Tracking Fritz Draexlmaier's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $1.1B (May 4, 2026)

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