Maria-Elisabeth Schaeffler-Thumann

Maria-Elisabeth Schaeffler-Thumann

Maria-Elisabeth Schaeffler-Thumann (#955)

It is often said that family businesses think in the long term. This is definitely true for Schaeffler. In addition to economic success, roots and values are important to us.

  • $ 5 B
  • Auto parts
  • Germany
  • F
  • 84 Years

About Me

Maria-Elisabeth Schaeffler-Thumann and her billionaire son Georg own Schaeffler Group, one of the world's largest ball bearing and machine component producers. She took over in 1996, following the death of her husband (also Georg) who had founded the company with his brother Wilhelm in 1946. In 2008, 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. Maria-Elisabeth and Georg'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 Maria-Elisabeth Schaeffler-Thumann’s rise and global influence.

  • #823   Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking Maria-Elisabeth Schaeffler-Thumann’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $4.5B (May 4, 2026)

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