Fritz Draexlmaier
$2.3B
Born
Jan 01, 1970
Age
55
Source of Wealth
Auto parts
Residence
Landshut,
Citizenship
Germany
Marital Status
Children
0
Education
- Fritz Draexlmaier's eponymous auto parts maker counts among its customers Audi, BMW, Cadillac, Land Rover, Maserati, Mercedes-Benz, Porsche and Tesla.
- Founded by his parents, Draexlmaier Group began in 1958 with an order for wiring harnesses for the Goggomobil, a microcar produced by Hans Glas GmbH.
- A company speciality, wiring harnesses run throughout the entire vehicle connecting electrical components and relaying data and electrical power.
- It has diversified into the manufacture of electronic components, consoles, door and instrument panels and exclusive interiors for specific model
- Although he stepped down as CEO in early 2019, Fritz continues to serve as chairman and shareholder representative.
- Fritz is an only child. His father, Fritz Sr., died in 1995 at age 80, and his mom, Lisa, died in 2018 at age 100.
- In 2017, Draexlmaier Group opened its first U.S. manufacturing site in Livermore, California, with 230 employees.
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