Name
Hans Georg Naeder
Hans Georg Naeder
Duderstadt, Germany
Germany
prosthetics
$3,600,000,000
597
#597 Billionaires 2019
Hans Georg Naeder heads orthopedic device maker Otto Bock Group; it takes its name from his grandfather, who founded the business in 1919.The company has worked with the Paralympics since 1988, producing hockey sledges and custom prosthetics for skiers, snowboarders and sprinters.Since taking the reins from his father at age 28, Hans Georg has expanded the staff more than five-fold to over 7,600 worldwide.Otto Bock operates sales and service branches in 50 countries and generates annual revenue of around $1.1 billion.Swedish private equity firm EQT took a 20% stake in Otto Bock in June 2017, valuing the company at around $3.15 billion.
An avid sportsman, Hans Georg owns the 46-meter-long sailing yacht Pink Gin, which he helmed to victory in the New Zealand Millennium Cup in 2007.He lives in Duderstadt, Germany with his wife and two daughters.
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