Ulrike Meister
$1.5B
Born
Mar 13, 1967
Age
58
Source of Wealth
Appliances
Residence
Landsberg,
Citizenship
Germany
Marital Status
Children
0
Education
- Ulrike Meister is among a community of four family heirs who inherited 63% of kitchen appliance manufacturer Rational AG.
- Siegfried Meister founded the company in 1973 and died in 2017, at age 78. Its products include ovens, steamers and grills.
- Rational has more than a 50% share of the global market for multifunctional food preparation appliances used in large-scale and commercial kitchens.
- The company, which went public in 2000, has grown consistently without acquisitions, and prides itself on innovative, energy-efficient technology.
- Siegfried Meister had the idea to cook using steam after disliking how food was prepared at restaurant chain Wienerwald, where he worked previously.
- Rational employs over 250 professional chefs, and its products are used in the White House and Buckingham Palace.
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