Age, Biography and Wiki

Otto Happel was born on 9 February, 1948 in Bochum, Germany, is a German billionaire businessman. Discover Otto Happel's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 76 years old?

Popular As N/A
Occupation N/A
Age 76 years old
Zodiac Sign Aquarius
Born 9 February 1948
Birthday 9 February
Birthplace Bochum, Germany
Nationality Germany

We recommend you to check the complete list of Famous People born on 9 February. He is a member of famous businessman with the age 76 years old group.

Otto Happel Height, Weight & Measurements

At 76 years old, Otto Happel height not available right now. We will update Otto Happel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children 6

Otto Happel Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Otto Happel worth at the age of 76 years old? Otto Happel’s income source is mostly from being a successful businessman. He is from Germany. We have estimated Otto Happel's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1948

Otto Happel (born 9 February 1948) is a Swiss-based German billionaire businessman, the former owner and CEO of GEA Group.

As of October 2021, Forbes estimated his net worth at US$3.2 billion.

Happel received his PhD in engineering from RWTH Aachen University.

1974

In 1974, Happel became CEO of GEA Group, a small family business established by his father in 1920 with approximately Euro 100 million in revenues.

Over the next 25 years, he transformed GEA into a global system supplier and introduced machinery and plants for the food processing industry, power industry, air-conditioning and refrigeration industry.

After making over 70 acquisitions, GEA had over 200 subsidiaries in 60 countries.

1989

In 1989 he took his company public at the Frankfurt stock exchange, but kept the majority of the voting stock in the family.

1993

He was a member of the supervisory board at Commerzbank from May 1993 until April 2013.

Happel is married, with six children, and lives in Lucerne, Switzerland.

1999

By 1999, Happel had increased GEA's revenues to over €2.6 billion, as well as its net earnings proportionally.

In 1999 he merged his controlling stake with Germany's MG Technologies, remained the largest shareholder of the combined businesses and, once MG Technologies merged into GEA Group AG, sold his dominant stake to institutional investors in 2006.

GEA Group AG is the largest listed German machinery manufacturer and is broadly diversified.

2018

In 2018, it accounted for revenues of approximately EUR 4,8 bn and employed approximately 18,600 people.

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