Rank #1446
Sebastian Glaser
Net worth $2.9B
Sensor technology · Germany
- Born
- Jan 01, 1979
- Age
- 47
- Source
- Sensor technology
- Residence
- Munich
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Sebastian Glaser is the majority shareholder of Sick AG, a world leader in sensor technology.
- His grandfather Erwin Sick, an optical engineer, founded the firm in 1946, using earnings from selling radios he made himself to support his family.
- After the death of Erwin in 1988, his wife Gisela became the company's primary shareholder and installed external managers.
- Active globally with more than 50 subsidiaries, Sick AG now employs around 10,000 people and has annual sales exceeding $2 billion.
- Used in factory, logistics and process automation, its technologies are used to measure, locate, inspect and identify.
- After World War II, the American military in Munich granted Erwin Sick a license to set up own engineering firm, which became Sick AG.
- Sebastian Glaser serves as managing director of the family's Sick Holding GmbH.