Klaus-Peter Schulenberg

Net worth over time

Biography

• Klaus-Peter Schulenberg is founder and CEO of CTS Eventim, leader in the European ticket and live entertainment market.
• His acquisition of regional concert promoters, ticketing agencies, venue operators and event producers has created friction with cartel authorities.
• Before the coronavirus pandemic, the company, of which Schulenberg owns 39%, sold more than 250 million tickets annually.
• In 2018, Germany's transportation ministry awarded CTS Eventim and Austria's Kapsch TrafficCom a 12-year contract to collect passenger vehicle tolls.
• After European regulators scrapped the plan, CTS and Kapsch claimed over $600 million in damages from the German transportation ministry.
• Hit hard by the pandemic, CTS Eventim's revenues for first nine months of 2020 fell 79% from the prior year, to $255 million.
• The first big event Schulenberg organized was a Rolling Stones concert in Bremen, Germany in 1976. However, he himself is an admirer of chamber music.
• The first big event Schulenberg organized was a Rolling Stones concert in Bremen, Germany in 1976. However, he himself is an admirer of chamber music.

Financial assets