Rank #1595
Hans-Werner Hector
Net worth $2.7B
SAP · Germany
- Born
- Jan 17, 1940
- Age
- 86
- Source
- SAP
- Residence
- Weinheim
- Citizenship
- Germany
- Marital status
- Married
- Children
- 0
- Education
- Master of Science, University of Saarland
Net worth over time
Biography
- One of five cofounders of SAP, Hans-Werner Hector built up the software giant's North American business.
- In 1996, he transferred to a Jersey Islands trust SAP shares representing more than 10% of the company's voting rights.
- When the shares were put up for sale, Hector's partners worried that their control of SAP could come under threat.
- Hector wanted to diversify his portfolio for tax and money-management purposes, but the resulting rift led to him leaving SAP in 1997.
- In 2008, Hector established the Hector Science Fund at Karlsruhe Institute of Technology with a gift of 200 million euros ($290 million at exchange rates prevailing at the time).
- His wife Josephine and he donated more than $60 million to the German city of Mannheim to renovate its museum.
Financial assets
| Exchange | Ticker | Shares | Price |
|---|