Name
Rainer Blickle
Primary Residence
Bruchsal, Germany
Citizenship
Germany
Source Of Wealth
auto parts
Net Worth
$2,800,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
838
Forbes List Rank One: Title
#838 Billionaires 2019
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Summary
Rainer Blickle and his brother Juergen preside over SEW-Eurodrive, a manufacturer specializing in drive-automation and power-transmission solutions.The company, acquired by their father, Ernst, in 1945, now employs more than 17,000 people and generates around $3 billion in annual revenue.Its motor, gear and electronic components power conveyors, lifts and other applications in contexts ranging from auto assembly to commercial baking.In the U.S., it operates a manufacturing plant in Lyman, S.C., and has five regional assembly centers and dozens of technical sales offices.
Did you know?
Rainer owns 44.9% of the company and Juergen, 50%. Just over 5% is held by Rainer's charitable foundation.The brothers shun all publicity; not much is known about them.
Age
72
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