Maria Elisabeth is regarded as the mom of Georg Schaeffler. Together, Maria possess theSchaeffler Group that is thought to be the biggest producer and maker of roller bearings on the planet. When her husband died in 1996, Maria Elisabeth was made to join the family business. Since 2009, Georg has been helping his mom in running and managing the business. Owning 49.9% of Continental AG, the Schaeffler Group is the controlling stockholder of the automobile and truck components manufacturing company. The company specializes in creating brake systems, tachographs, tires, engine injection system, vehicle stability control system, as well as other components for transport and automotive industries. Currently located in Germany, Continental AG is now considered as fourth biggest producer of tires.