Otto Happel Net Worth is$3 Billion
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Profession: Businessperson
Nationality: Germany
Date of Birth: 1948-02-09
Place of Birth: Bochum
Otto Happel Net Worth: Otto Happel is a German entrepreneur who has a net worth of $3 billion. Born on 9 February 1948, in Bochum, Germany, Happel is an only heir of his father Otto Happel Sr., a founder of GEA Happel. After the death of his father, his mother Elizabeth took over the company, and in 1975, the management was given to Happel. In 1999, he sold the company to Metallgesellschaft (MG) for $1 billion, but he kept an interest of 21% in the combined group. Six years later, the company was renamed into GEA Group, and the next year, Happel sold the rest of his shares for $630 million. Known as a passionate sailor, he is an owner of a yacht called Hetairos, and also, Happel has a luxury resort in the Seychelles, named Fregate Island. Moreover, he holds a foundation that supports development projects in the developing world.
Otto Happel (* 9. Februar 1948 in Bochum) ist ein deutscher Unternehmer. Er ist der Sohn von Otto Happel sen. und Elisabeth Happel. Sein Vater gr? 1/4 ndete 1920 in Bochum die Gesellschaft f? 1/4 r Entstaubungsanlagen, einen Vorl??ufer der GEA Group, deren Leitung nach seinem Tode am 26. Dezember 1948 zun??chst Elisabeth Happel ? 1/4 bernahm. 1975 erfolgt die ??bergabe der Gesch??ftsf? 1/4 hrung an den Sohn Otto Happel, der das Unternehmen erfolgreich leitete und ausbaute. 1989 erfolgte die Umwandlung in eine Aktiengesellschaft. Heute besch??ftigt die Firma etwa 20.000 Mitarbeiter. Im Februar 1999 verkaufte Happel seine GEA-Aktien f? 1/4 r 1,5 Milliarden Euro an die Metallgesellschaft (MG).
Happel hat seinen ersten Wohnsitz in Meggen/Luzern und ist Besitzer der Seychellen-Insel Fr?(C)gate. In der Forbes-Liste der reichsten Menschen der Welt wurde er im M??rz 2006 auf Platz 346 gef? 1/4 hrt. Er ist verheiratet und hat sechs Kinder.

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Otto Happel Latest News

Ranking the 50 Best Managers of All Time on Trophy Hauls

Otto Rehhagel was the defensive genius behind Greece's unthinkable ... Back in the day when money didn't govern football, Ernst Happel took Feyenoord to the summit of Europe by winning the UEFA Champions League. He went on to enjoy great success in the ...
Posted: June 19, 2013, 6:17 pm

Greek tragedy, seen from the Fan Zone

"A miracle happened in 2004," concluded Otto Rehhagel, the German-born coach who built that ... The German chancellor, Angela Merkel, has secured her place in the VIP tribune at Ernst Happel Stadium, but thousands will take their chances with the weather ...
Posted: June 14, 2008, 6:00 pm

Largest carbon composite yacht in the world moored off Sandy Bay

THERE are supermaxi yachts — and then there is German billionaire Otto Happel’s Hetairos, which sailed into Hobart yesterday. The 67m Hetairos, which moored off Sandy Bay, is the largest all carbon fibre composite-hulled yacht in the world. Built by ...
Posted: December 12, 2017, 5:41 am
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