| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $1.9 billion | N/A | N/A | Graz, Austria | N/A | N/A | Manager and Entrepreneur | Austrian |
What is Wolfgang Leitner’s Net Worth?
Wolfgang Leitner, an Austrian manager and entrepreneur, has amassed a significant net worth of $1.9 billion. He achieved this wealth through his exceptional performance at Andritz, a producer of processing machinery primarily focused on the pulp and paper market. Leitner holds multiple roles within the company, serving as its President and CEO, as well as the largest single shareholder through the Custos private foundation.
Highlights
- Wolfgang Leitner’s net worth is $1.9 billion.
- He is the President and CEO of Andritz.
- Leitner is the largest single shareholder in the company through the Custos private foundation.
- He initially worked as a research chemist at Vianova before joining Andritz in 1983.
- Leitner has a degree in chemistry from the Karl-Franzens-University of Graz.
Early Life
Wolfgang Leitner hails from Graz, Austria. He completed his degree in chemistry at the Karl-Franzens-University of Graz. Before embarking on his successful career, he worked as a research chemist at Vianova, a pharmaceutical company. Eager to explore his entrepreneurial side, Leitner went on to establish his own pharmaceutical company.
Career
In 1983, Wolfgang Leitner joined Andritz as a management consultant. He quickly excelled within the company and became their Chief Financial Officer in 1987 when Andritz generated sales of around 194 million euros ($265 million) and profits of just under 1 million euros ($1.37 million). Despite Europe’s challenging economic environment, Andritz’s net income continued to rise under Leitner’s leadership.
In 1994, Leitner was appointed President and CEO of Andritz, a position he still holds today. Throughout his tenure, he has propelled the company to new heights, contributing to its ongoing success and financial growth.
Personal Life
Details about Wolfgang Leitner’s personal life, including his birthdate, and height, are not publicly available.
Net Worth Over Time
Wolfgang Leitner’s net worth has experienced substantial growth over time. Starting from a commendable base, his entrepreneurial abilities and leadership skills have propelled him to accumulate an impressive wealth of $1.9 billion.
Components of Net Worth
The majority of Wolfgang Leitner’s net worth can be attributed to his significant ownership stake in Andritz through the Custos private foundation. As the largest single shareholder, Leitner’s wealth is closely tied to the company’s success and performance in the market.
It is important to note that net worth calculations are based on publicly available data and various estimations. While efforts are made to ensure accuracy, the figures provided are estimates and subject to change.
Overall, Wolfgang Leitner’s exceptional career trajectory at Andritz has led him to achieve a remarkable net worth of $1.9 billion. Through his business acumen and leadership, Leitner has solidified his position as one of Austria’s most successful managers and entrepreneurs.