Ulrich Mommert & family
$1.4B
Born
Jan 11, 1941
Age
84
Source of Wealth
Lighting
Residence
,
Citizenship
Austria
Marital Status
Children
0
Education
- In 1982 Ulrich Mommert took over Austrian lighting company ZKW, which was then 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.
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