Rank #1177
Kommer Damen
Net worth $3.7B
Shipbuilding · Netherlands
- Born
- Mar 30, 1944
- Age
- 82
- Source
- Shipbuilding
- Residence
- Gorinchem
- Citizenship
- Netherlands
- Marital status
- Married
- Children
- 4
- Education
Net worth over time
Biography
- Kommer Damen's father and uncle started building boats in a shed next to the family home in the Dutch town of Hardinxveld-Giessendam in 1922.
- Five years later, they founded Damen Shipyards in 1927.
- He bought the shipyard from his father in 1969 and brought the modular shipbuilding concept to the construction of small boats and launches.
- Damen Group is now one of Europe's largest family-owned shipbuilders, with about $2 billion in annual sales; Kommer is chairman and son Arnout is CEO.
- Known for naval security and patrol vessels that range from 23 feet to over 650 feet, Damen's fleet also includes ferries, yachts and cruise liners.
- Damen Shipyards worked with four other companies to develop the world's first 3D printed ship propeller, the WAAMpeller; it was unveiled in late 2017.
- The Royal Netherlands Navy (RNLN) has been its customer for several generations of Damen combatants.