Helmut Sohmen Net Worth $1.3 Billion
Hong Kong-based Austrian attorney and businessman Helmut Sohmen has an estimated net worth of $1.3 billion as of March 2013 according to Forbes. He is likewise the seventh richest man in Austria, 1107th on earth and 38th in the List of 50 Most Affluent People in Hong Kong. Born on December 10, 1939 in Linz, Austria, he graduated from Linz Realschule in 1958 afterward studied law in the University of Vienna. He won a Fulbright scholarship to continue studying in the University of Connecticut and went back to receive his doctorate in Vienna. The two met while he was studying in Canada. He began accumulating his estimated net worth of $1.3 billion as a legal adviser to the Royal Bank of Canada in Montreal. Nevertheless, the two had to briefly interrupt his professional career to graduate as Master of Comparative Law and also a Master of Laws. Sohmen was given the China’s Friendship Ambassador award for his contributions to China-Austria ties. As an alumnus of the Southern Methodist University Law School, he supports the graduate scholarship system for Chinese lawyers studying in the university’s Dedman School of Law. He also founded the Sohmen-Far-East-Foundation to help young Austrians in establishing new contacts in Asia. In 1970, so that you can enter company, Helmut Sohmen moved with his family to Hong Kong where his father-in-law, Sir Yue-Kong Pao, possessed among the largest shipping companies in the world. From 1985 to 1989, he was named the CEO and became the major shareholder of Dragon Air. Fulbright was likewise the managing director of the firm. Since 1986, he worked with the World Wide Shipping Group where his dad was the chairman and also the president. In 2003, the company acquired a majority stake in the Bergesen fleet of Norway. The CEO then renamed his transport empire Bergesen Worldwide. As of 2010, his group has 140 tankers and over 4,500 workers.