Klaus Tschira Net Worth is$8 Billion
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Profession: Entrepreneur
Date of Birth: 1940-12-07
Country: Freiburg im Breisgau
Klaus Tschira Net Worth: Klaus Tschira is a German entrepreneur who has a net worth of $8 billion. Born in 1940 in Freiburg im Breisgau, Germany, Klaus Tschira gained his wealth mainly through his shares in the software giant SAP AG. Once he acquired a diploma in physics at IBM, he became one of the co-founders of the German software firm SAP in 1972 in Mannheim, Germany along with four former college colleagues (Hans-Werner Hector, Dietmar Hopp, Hasso Plattner and Claus Wellenreuther). Over the years, SAP has evolved to become one of the world's largest software firms, with $18.5 billion revenue in 2011. However, Tschira withdrew from the company in 1998 and left its supervisory board in 2007, to dedicate himself more on philanthropic causes. Actually, what was formed in 1995 as a non-profit organization named Klaus Tschira Foundation (KTF) turns out to be a limited liability company with a charitable purpose today. Figures imply that KTF is one of Germany's largest philanthropic organizations nowadays, with assets of $2.7 billion. In 2010, it has reportedly spent $37 million on scientific research and cultural projects such as a youth software prize given to brilliant students who use software to resolve math or science matters. Along with his wife Gerda Tschira, Klaus established another organization of the same kind called Gerda and Klaus Tschira Foundation in 2008. What's more, he is an avid astronomer in free time, and has an asteroid between Mars and Jupiter named after him.
Klaus Tschira (born 1940 in Freiburg im Breisgau, Germany) is a German entrepreneur. After gaining his physics diploma and working at IBM, he co-founded the German software giant SAP AG in 1972 in Mannheim, Germany together with Hans-Werner Hector, Dietmar Hopp, Hasso Plattner and Claus Wellenreuther. From 1998 to 2007, he was a board member at SAP.

The Klaus Tschira Foundation (KTF) was established by the physicist Klaus Tschira in 1995 as a non-profit organization. Its primary objective is to support projects in natural and computer sciences as well as mathematics. The KTF places strong emphasis on the public understanding in these fields. Klaus Tschira???s commitment to this objective was honored in 1999 with the "Deutscher Stifterpreis" by the German National Academic Foundation (German: Studienstiftung). The KTF is located at the Villa Bosch in Heidelberg, Germany, the former residence of Nobel Prize laureate for chemistry Carl Bosch (1874???1940).
In 2008, Klaus Tschira founded the Gerda and Klaus Tschira Foundation together with his wife Gerda Tschira.

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Klaus Tschira Latest News

Struggles continue for thin film solar startups, Nanosolar latest with layoffs

Fast forward to 2012, and Nanosolar raised $70 million from investors, reportedly at a pre-money valuation of $50 million. Aeris Capital, a fund that manages finances for SAP founder Klaus Tschira, partly funded that round as a way to pick up solar assets ...
Posted: February 19, 2013, 4:51 am

Gambia: Heidelberg Laureate Forum Wraps Up

The forum, organised by the Heidelberg Laureate Forum Foundation (HLFF), a non-profit-making foundation was established and funded by the German Foundation, Klaus Tschira Stiftung (KTS) in 2013, aimed at promoting natural sciences, mathematics and computer ...
Posted: October 16, 2017, 11:31 am

Newsbyte: SAP SuccessFactors Introduces the Klaus Tschira Human Resources Innovation Award

WALLDORF, Germany, Aug. 30, 2016 /PRNewswire/ -- SAP NEWSBYTE -- SAP SE (NYSE: SAP) today announced the Klaus Tschira Human Resources Innovation Award, an annual program for SAP partners and customers who have contributed a unique and innovative solution ...
Posted: September 16, 2016, 10:29 pm
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