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Georg Schaeffler

Georg Schaeffler

Georg Schaeffler (#182)

Global Rank #182
Country Rank #10
Country Germany

A little bit of luck is also part of it [the success of the Continental AG takeover]. But as you know, fortune favors the brave.

  • $ 16 B
  • Auto parts
  • Germany
  • M
  • 61 Years

Snapshot

Quick Facts

Global Rank #182
Country Rank #10
Net Worth $16.0B
Previous Worth $16.0B
Worth Change +$0.0B
Country Germany
Industry Auto parts
Age 61 Years
Gender M
Worth As Of April 29, 2026
Last Refreshed 06 Sep 2026, 12:00 AM
Residence Herzogenaurach, Germany
World Billionaires List Germany Billionaires Auto parts

Profile Data

Personal Stats

Age 61
Source Of Wealth Auto parts
Residence Herzogenaurach, Germany
Citizenship Germany
Marital Status Divorced
Children 4
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $16.0B
Current Net Worth $16.0B

Worth as of April 29, 2026

About Me

Georg Schaeffler and his billionaire mother, Maria-Elisabeth, own Schaeffler Group, one of the world's largest producers of ball bearings and machine components. In 2009, he joined his mother. She'd been running Schaeffler after the death of her husband, Wilhelm, who founded the firm with his brother in 1946. A year before, the company took over tire and auto parts giant Continental AG in a $15-billion, debt-financed deal. In the wake of the financial crisis, it seemed the high-wire act might fail. But as the auto market rebounded, Continental's share price soared. Georg and Maria-Elisabeth's combined 46% stake in Continental accounts for most of their wealth.

Insights

Did You Know?

Georg used to practice business law in Dallas. Colleagues only learned of his wealthy background after he first appeared on the Forbes list in 2003.

Georg, who owns 80% of Schaeffler Group, leads a quiet life in the U.S., while Maria-Elisabeth, with 20%, lives in the tony Austrian ski resort town of Kitzbuehel.

Wealth Growth

Net Worth Growth Over Time

Tracking Georg Schaeffler'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: $16.0B (April 29, 2026)

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