Name
Wolfgang Leitner
Primary Residence
Graz, Austria
Citizenship
Austria
Source Of Wealth
engineering, Self Made
Net Worth
$1,400,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1349
Forbes List Rank One: Title
#1349 Billionaires 2019
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Summary
Wolfgang Leitner heads Austrian plant and equipment manufacturer Andritz as the company's CEO, largest shareholder and formative figure.A chemist by training, Leitner joined Andritz in 1987, became CEO in 1994 and took a 26% stake in the company in 1999. He eventually turned Andritz into one of Austria's largest companies. Most recently, Andritz completed the biggest acquisition in its history, buying Xerium Technologies for $833 million.Leitner's initial wealth stems from the sale of Pharmavit, part of pharmaceutical outfit Genericon he founded, for $110 million in 1995.
Did you know?
Leitner comes from a modest background - his father also worked for Andritz, serving the company for three decades as a metal worker.Most days, Leitner enjoys a simple lunch, consisting of a sandwich, an apple, a yogurt and the newspaper's business section.
Age
66
Categories
Number of Children
2
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