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Hans-Werner Hector Net Worth

Mathematician, entrepreneur, and software engineer Hans-Werner Hector comes with an estimated net worth of $1.8 billion as of March 2013. Produced on January 17, 1940 in Kaiserslautern, Germany, Hans-Werner graduated with a diploma in Math from the University of Saarland. He’s worked for IBM in Mannheim where an concept of the possible managerial standard software came up. In 1972, Hector, Hasso Plattner, Claus Wellenreuther,Dietmar HoppandKlaus Tschira founded the software company SAP AG or SAP System Evaluation and Application Development in Walldorf. After the IPO, the company has grown and he was responsible for the development of the business. Ever since then, his bundle has grown having an estimated net worth of $1.8 billion. According to Forbes, he is the 51st richest person in Germany along with the 831st in the world. Hans-Werner Hector additionally built up the North American market for SAP. Yet, Hector left the business in 1997 after a falling out scenario together with his partners. Hector sold many shares in 1996 as well as the earnings made him an estimated $2 billion richer. Hector made investments start-up software, biotechnology, and wellness businesses. He also started the HW & J. Hector Foundations supplies cash to cancer and AIDS research in addition to for the art and historic preservation. In September 19, 2003, the couple received the Federal Cross of Merit. They are also a receiver of the 2013 Hector Medal of the State of Baden-Wurttemberg.

Hans-Werner Hector Net Worth $1.8 Billion

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