Martin Viessmann’s profile picture

Martin Viessmann

Martin Viessmann’s profile picture
Net worth 2018: $5.74 Billion
Industry: Manufacturing
Residence: Allendorf, Germany
Country: Germany
Children: 2
Education: Diploma, University of Erlangen
BIOGRAPHY

Martin Viessmann was born in Allendorf, Germany, Germany. Martin Viessmann is #325 in List Billionaires People In The World. Martin Viessmann is CEO of Viessmann Group, a German manufacturer of heating, refrigeration and climate-control equipment. He is the grandson of the company's founder, Johann Viessmann. The private company, based in Allendorf, now has approximately 11,500 employees; 22 production divisions in 11 countries; subsidiaries and representations in 74 countries; and 120 sales offices. In 2015, more than half of its approximately $2.4 billion in revenue came from outside of Germany. One of the best-known brands in Europe, Viessmann is a prominent sponsor of (mostly winter) sports and supports the Viessmann Academy, which provides training for heating architects and engineers. Sustainability isn't just a word around company headquarters: Martin Viessmann envisions a world where CO2 emissions are reduced by 80% and the consumption of fossil energy by two-thirds. In 2012, the Viessmann Group received the Energy Globe Award for Sustainability in the "Air" category. In 2013 he was named Greentech Manager of the Year. In 2016, PwC and Impulse Magazine honored him as "Family businessman" of the year in Germany. He's a fitness buff and passionate skier, holds an honorary doctorate from the University of Wisconsin, and has a professional pilot's license. His two children, Katharina and Maximilian, are being groomed to assume responsibility for the company.

NET WORTH STATISTIC
2009

$1.1 Billion

2010

$1.7 Billion

2011

$1.9 Billion

2012

$1.6 Billion

2013

$2 Billion

2014

$2.6 Billion

2015

$3.5 Billion

2016

$3.3 Billion

2017

$4.3 Billion

2018

$5.74 Billion

TIMELINE
2012

In 2012, Greg Kleinheinz was appointed as the first Viessmann Endowed Chair in Sustainable Technology at the University of Wisconsin Oshkosh, created with an endowment from Viessmann and his wife Annette

1917

Martin Viessmann is the son of Hans Viessmann and the grandson of Johann Viessmann, who founded Viessmann Group in 1917

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