Portrait of Horst Julius Pudwill

Rank #594

Horst Julius Pudwill

Net worth $6.7B

Manufacturing · Germany

Born
Oct 23, 1944
Age
81
Source
Manufacturing
Residence
Hong Kong
Citizenship
Germany
Marital status
Married
Children
1
Education
Master of Science in Engineering, Technical College in Flensburg

Net worth over time

Biography

  • Horst Julius Pudwill is cofounder and chairman of Techtronic Industries, a Hong Kong-based manufacturer of power tools and floor-care products.
  • The company produces the iconic vacuum cleaner Hoover, which many people use as a verb (such as in the phrase "hoover the carpet").
  • Pudwill was an engineer at Volkswagen in Germany before transferring to Hong Kong in the mid-1970s to become a general manager.
  • Pudwill cofounded Techtronic in 1985 with Roy Chi Ping Chung.
  • He continues to oversee Techtronic's operations with his son, Stephan, the firm's vice chairman.
  • His first two decades in business paralleled many other Greater China entrepreneurs' careers - lining up and eventually manufacturing supplies for Western brands.

Financial assets

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