Rank #1083
Wolfgang Leitner
Net worth $4.0B
Engineering · Austria
- Born
- Mar 27, 1953
- Age
- 73
- Source
- Engineering
- Residence
- Graz
- Citizenship
- Austria
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Wolfgang Leitner heads listed Austrian plant and equipment manufacturer Andritz; he said in July 2021 that he would step down as CEO become chairman of the board.
- A chemist by training, Leitner joined Andritz in 1987, became CEO in 1994 and took a 26% stake in the company in 1999.
- He eventually turned Andritz into one of Austria's largest companies.
- In 2018, Andritz completed the biggest acquisition in its history, buying North Carolina based Xerium Technologies for $833 million.
- Leitner's initial wealth stems from the sale of Pharmavit, part of pharmaceutical outfit Genericon he founded, for $110 million in 1995.
- Leitner comes from a modest background - his father also worked for Andritz, serving the company for three decades as a metal worker.
- Most days, Leitner enjoys a simple lunch, consisting of a sandwich, an apple, a yogurt and the newspaper's business section.
Financial assets
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