Siegfried Meister Net Worth $2.5 Billion
Sigfried Meister is the creator of Rational AG and he’s an estimated net worth of $2.5 billion as of March 2013 according to Forbes. He is also the 38th richest person in Germany and is rated 589th in the World Billionaires list. Mr. Meister has earned his estimated net worth of $2.5 billion with Rational AG where he also serves as the Chairman of the Supervisory Board since December 1998. He is a competent electrical engineer who spent his early years working on management tasks in a number of large and medium-sized companies with interests in electronic equipment, controller and kitchen technology areas. In 1973, Siegfried Meister founded Rational. Now, he owns 63% of the freely-traded company. His shares have grown over the past year which resulted in his net worth growing by several hundred million dollars. The company has a 54% share of the global market for thermal food preparation appliances including ovens, steamers and grills in professional kitchens. His customers include chefs Gordon Ramsay and Paul Bocuses as well as corporations like KFC and Hilton Hotels.