What is Heinz Hermann Thiele's Net Worth?
Heinz Hermann Thiele is a German entrepreneur who has a net worth of $13.1 billion. Heinz Hermann Thiele was born on April 2, 1941 in Mainz, Germany. He is the owner of Knorr-Bremse AG, the world's top producer of braking systems for rail and commercial vehicles. Having graduated from the University of Munch, Thiele started his career as a legal clerk at Knorr-Bremse in 1969. Three years later, he became the head of the legal department, and soon he became sales manager of commercial vehicle division. Later on, Thiele set on the executive board of members.
After accumulating a significant portion of company equity, he became the Chairman of the board of directors in 1987. Since November 2005, Thiele is an Honorary Citizen of the Hungarian city of Kecskemet, where his company has a factory with 730 employees. In 2011, he decided to sit on the advisory board, and gave a portion of the company to his children, Julia and Henrik. He also holds 25% of the international leader in railway market Vossloh. Nowadays, Thiele spends his time in hiking, skiing, animal photography and philanthropic work, which brings him various awards.
