Portrait of Ulrike Meister

Rank #2544

Ulrike Meister

Net worth $1.6B

Appliances · Germany

Born
Mar 13, 1967
Age
59
Source
Appliances
Residence
Landsberg
Citizenship
Germany
Marital status
Children
0
Education

Net worth over time

Biography

  • Ulrike Meister is one 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.

Financial assets

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