Peter Unger
$2.9B
Born
Aug 20, 1944
Age
81
Source of Wealth
Auto repair
Residence
Neustadt an der Waldnaab,
Citizenship
Germany
Marital Status
Married
Children
2
Education
- From a single location opened in 1985, Peter Unger built his namesake auto parts and repair outfit Auto-Teile-Unger (A.T.U.) into a nationwide chain.
- In 2002, he sold 72% of the company for $900 million to Doughty Hanson & Co. Two years later, he sold his remaining stake for $360 million to KKR & Co.
- Residing in Bavaria, Unger now invests in listed companies, startups and both residential and commercial real estate throughout Germany.
- Investments include food hygiene company aquagroup, a bike center focused on electric bicycles, and sensor technology startup Tacerion.
- In Berlin, where he also has commercial real estate, Unger has either purchased or invested in the construction of thousands of apartments with partner Groth Gruppe.
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