Portrait of Juergen Blickle

Rank #520

Juergen Blickle

Net worth $7.5B

Auto parts · Germany

Born
Jan 01, 1947
Age
79
Source
Auto parts
Residence
Bruchsal
Citizenship
Germany
Marital status
Married
Children
0
Education

Net worth over time

Biography

  • Juergen Blickle and his brother Rainer own SEW-Eurodrive, a manufacturer specializing in drive-automation and power-transmission solutions.
  • The company, acquired by his father, Ernst, in 1945, now employs more than 19,000 people and generates around $3.7 billion in annual revenue.
  • Its motor, gear and electronic components power conveyors, lifts and other applications in contexts ranging from auto assembly to commercial baking.
  • In the U.S., it operates a manufacturing plant in Lyman, South Carolina, and has five regional assembly centers and dozens of technical sales offices.
  • Juergen owns 50% of the company and Rainer, 44.9%. Just over 5% is held by Rainer's charitable foundation.
  • The brothers shun all publicity; not much is known about them.