Hans-Werner Hector Net Worth

Hans-Werner Hector Net Worth and Biography

Highlights

Hans-Werner Hector is a German software engineer and entrepreneur with a net worth of $1.9 billion. He is one of the founders of SAP, Germany’s software giant.

Early Life

Hans-Werner Hector was born on January 17, 1940, in Kaiserslautern, Germany. He graduated from the University of Saarland and later worked for IVM in Mannheim, where he got the inspiration to create potential managerial standard software.

Career

In 1972, Hans-Werner Hector, along with his partners Hasso Plattner, Dietmar Hopp, Claus Wellenreuther, and Klaus Tschira, founded the software company SAP AG in Walldorf. SAP, also known as SAP-System Analysis and Program Development, gradually grew after its stock market launch, making Hector one of the wealthiest individuals in the world.

As a trained mathematician, Hector has made investments in start-up software, health, and biotechnology companies. He also established the North American market for SAP but left the company in 1997 after selling his shares in 1996 due to a quarrel with his partners.

Personal Life

Hans-Werner Hector has an honorary doctorate from the University of Karlsruhe for his support of talented students in natural sciences, mathematics, and technology fields through the Hector seminars. He actively contributes to various charitable causes, including AIDS and cancer research, historic preservation, and art. Alongside his wife, Hector donated over $600 million for the renovation of the city museum in Weinheim. In recognition of their philanthropic efforts, they received the award Federal Cross of Merit in 2013, and Hector was honored with the Order of Merit of the State of Baden-Wurttemberg the same year.

Net Worth Over Time

Hans-Werner Hector’s net worth has fluctuated over the years, primarily influenced by his involvement in SAP and subsequent investments. As of now, his net worth is estimated to be $1.9 billion.

Components of Net Worth

Hans-Werner Hector’s net worth primarily consists of his shares in SAP during his tenure at the company. Additionally, his investments in start-up software, health, and biotechnology companies contribute to his overall net worth. Through his charitable foundation, he has also donated a significant portion of his wealth to various causes, further impacting his net worth.

All net worth figures are estimated based on publicly available information. While we strive to provide accurate and up-to-date information, these figures should be considered as estimates only. We welcome any corrections or feedback regarding the provided information.

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