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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