Sebastian Glaser
$2.9B
Born
Jan 01, 1979
Age
46
Source of Wealth
Sensor technology
Residence
Munich,
Citizenship
Germany
Marital Status
Children
0
Education
- 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.
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