Heinz Hermann Thiele Net Worth

November 2024 ยท 4 minute read
Heinz Hermann Thiele

Birthname Heinz Hermann Thiele Birthdate April 2, 1941 Birthplace Munich, Germany Education LLM, University of Munich Profession Businessman Net worth $16,700,000,000 Source of Wealth Business Nationality German Country Germany Marital Status Married (Nadja) Children 2 (Henrik and Julia)

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Heinz Hermann Thiele has an estimated net worth of $16.7 billion in July 2019.

After acquiring Knorr-Bremse AG  in the later part of the 1980s, the company has grown into the world's leading producer and manufacturer of braking systems for commercial vehicles and rail. In 2011, his children Julia and Henrik took over the operations of the company while Heinz Hermann Thiele still sits on the advisory board. Nowadays, he spends most of his time skiing, hiking, animal photography and philanthropic works.

Heinz Hermann Thiele started his career as a legal clerk. Later on, he became the head of the legal department, sales manager of a commercial vehicle division and executive board member of the Knorr-Bremse AG. After becoming the majority shareholder, he became the Chairman of the Board in 1987.

Earnings & Financial Data

Date

Category

Description

Amount

2017

Earnings

Total revenue of Heinz Hermann Thiele's company Knorr-Bremse, a closely held Munich-based manufacturer of brake systems for rail and commercial vehicles

$7,000,000,000

2017

Salary

Annual salary as the chairman of Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2017

$138,510

2016

Asset

Total value of Heinz Hermann Thiel's assets in Vossloh, a global player in the rail technology markets for the year 2016

$1,580,000,000

2016

Earnings

Sales of Heinz Hermann Thiel's Vossloh, a global player in the rail technology markets for the year 2016

$1,080,000,000

2016

Salary

Annual salary as the chairman of Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2016

$57,710

2015

Asset

Total value of Heinz Hermann Thiel's assets in Vossloh, a global player in the rail technology markets for the year 2015

$1,600,000,000

2015

Earnings

Net income of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2015

$744,470,000

2015

Earnings

Sales of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2015

$6,730,000,000

2015

Earnings

Sales of Heinz Hermann Thiel's Vossloh, a global player in the rail technology markets for the year 2015

$1,100,000,000

2014

Earnings

Net income of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2014

$646,360,000

2014

Earnings

Sales of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2014

$6,010,000,000

2013

Earnings

Net income of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2013

$423,600,000

2013

Earnings

Sales of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2013

$4,970,000,000

2012

Earnings

Net income of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2012

$340,500,000

2012

Earnings

Sales of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2012

$4,960,000,000

2011

Earnings

Net income of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2011

$379,740,000

2011

Earnings

Sales of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2011

$4,900,000,000

2009

Earnings

Sales of Heinz Hermann Thiel's Knorr-Bremse AG, the world's leading manufacturer of braking systems for rail and commercial vehicles for the year 2009

$3,900,000,000

2009

Contract

A contract to equip the Chinese CRH3 high-speed train with braking and door systems

$680,000,000

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