Rank #3171
Peter-Alexander Wacker
Net worth $1.1B
Chemicals · Germany
- Born
- Oct 02, 1951
- Age
- 74
- Source
- Chemicals
- Residence
- Starnberg
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Peter-Alexander Wacker owns around 10% of chemical company Wacker Chemie AG, founded by his great-grandfather Alexander Wacker in 1914.
- He worked for BMW for ten years before joining Wacker Chemie in 1993 as a member of the board, when it was still a privately owned company.
- When Wacker went public in November 2005, Peter-Alexander became CEO. In 2008, he stepped down and became chairman of the supervisory board.
- Wacker Chemie has an annual revenue of more than $6 billion and sells its products in over 100 countries.
- In 2016, the company began producing polysilicon (used for solar cells and semiconductors) at a new facility in Bradley County, Tennessee.
- Peter-Alexander Wacker was named family business man of the year in Germany in 2006.
- He collects elephant figures from around the world, as elephants symbolize strength to him. His holding company is named Blue Elephant.
Financial assets
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