Georg Schaeffler

Georg Schaeffler

Georg Schaeffler (#155)

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.

  • $ 18 B
  • Auto parts
  • Germany
  • M
  • 61 Years

About Me

Georg Schaeffler and his 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.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Georg Schaeffler’s rise and global influence.

  • #248   Billionaires (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking Georg Schaeffler’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $17.5B (February 5, 2026)