Rank #2406
Ulrich Mommert & family
Net worth $1.7B
Lighting · Austria
- Born
- Jan 11, 1941
- Age
- 85
- Source
- Lighting
- Residence
- Citizenship
- Austria
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Ulrich Mommert took over Austrian lighting company ZKW In 1982, when it was on the brink of bankruptcy.
- He refocused ZKW on lighting technology for high-end automobiles, with clients such as BMW, Mercedes, Porsche and Audi.
- In 2018 Mommert sold the company to South Korean firm LG for $1.2 billion.
- Mommert owns a horse racing team and a trotting track in Berlin-Mariendorf.
- He used to be an amateur horse racer, and won more than 160 races; he is believed to own around 100 horses.