Net Worth: $11.8 Billion
- Source of Wealth Brakes
- Birth Place Munich, Germany
- Marital Status Married
- Full Name Heinz Hermann Thiele
- Nationality German
- Date of Birth April 2, 1941
- Occupation Entrepreneur, Owner of the Knorr-Bremse AG
- Education LLM, University of Munich
- Children 2 (Henrik, Julia)
About Heinz Hermann Thiele
Heinz Hermann Thiele has an estimated net worth of $11.8 billion in July 2017, according to Bloomberg.
After acquiring Knorr-Bremse AG in the later part of 1980s, the company has grown into the world’s leading producer and manufacturer of breaking 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 in 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.