Age, Biography and Wiki

Wendelin Wiedeking was born on 28 August, 1952 in Ahlen, Germany, is a German businessman. Discover Wendelin Wiedeking'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 71 years old?

Popular As N/A
Occupation N/A
Age 71 years old
Zodiac Sign Virgo
Born 28 August, 1952
Birthday 28 August
Birthplace Ahlen, Germany
Nationality Germany

We recommend you to check the complete list of Famous People born on 28 August. He is a member of famous businessman with the age 71 years old group.

Wendelin Wiedeking Height, Weight & Measurements

At 71 years old, Wendelin Wiedeking height not available right now. We will update Wendelin Wiedeking'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

Who Is Wendelin Wiedeking's Wife?

His wife is Ruth Wiedeking

Family
Parents Not Available
Wife Ruth Wiedeking
Sibling Not Available
Children Isabelle Wiedeking, Wendelin Wiedeking

Wendelin Wiedeking Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Wendelin Wiedeking worth at the age of 71 years old? Wendelin Wiedeking’s income source is mostly from being a successful businessman. He is from Germany. We have estimated Wendelin Wiedeking'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

1952

Wendelin Wiedeking (born August 28, 1952 in Ahlen, Germany) is the former President and Chief Executive Officer of the German car manufacturer, Porsche AG, a post he held from 1993 through July 23, 2009.

1978

After graduation in 1978, he remained at RWTH for graduate school, in order to attain a doctorate in engineering.

1983

He earned this degree in 1983.

His professional career began in 1983 as Director's Assistant in the Production and Materials Management area of Porsche AG in Stuttgart-Zuffenhausen.

A mechanical engineer by training, he joined Porsche in 1983, aged 31.

Wiedeking is married and has two children: Isabel Wiedeking, born in 1983, and Wendelin Wiedeking Junior.

He currently lives close to Stuttgart.

1991

After a stint at Wiesbaden based Glyco AG, a subsidiary of auto-parts maker Federal-Mogul, he returned to Porsche as head of production in 1991, taking over two years later as Chairman (CEO) when Porsche was close to bankruptcy.

Due to Porsche's large shareholding in Volkswagen, Wiedeking also found himself on the supervisory board of that company.

Some industry analysts believed that Porsche could not survive on its own, but Wiedeking, who says he made his first million by the age of 30 with real estate investments, took on the challenge.

Wiedeking, then 40 years old, who with his spectacles and moustache looked like "a clerk at a venetian blinds manufacturer", according to Der Spiegel magazine, soon imposed his gung-ho management style on the workforce.

Within two years he managed a surprise turnaround by trimming the product line-up, modernizing the production system based on Toyota's lean manufacturing system and negotiating new work rules with the unions.

2004

At the suggestion of the Baden-Württemberg parliamentary party CDU Wiedeking was invited to take part in the Federal Convention in 2004 to the election of the federal president.

2005

Since 2005 he is shareholder of the shoe manufacturer Heinrich Dinkelacker with 30%.

The company’s headquarter is in Bietigheim-Bissingen.

In addition to that he invests in Internet firms such as the online holiday lodge provider e-domizil GmbH & Co. KG.

Whilst at Porsche, Wiedeking appeared several times in the American automobile magazine Motor Trend 's "Power List" (05/06/07/08/09).

The article ranks the most influential people in the automotive world; in the 2005 article he was ranked as #6, in 2006 he was ranked #3, while in the 2007 article he was ranked as #4.

2006

He was also speaker of the company's executive committee and was a member of the supervisory board of Volkswagen AG from 2006 to 2009.

Wiedeking was born in Ahlen, North Rhine-Westphalia.

He grew up in Beckum, Germany, and attended RWTH in Aachen.

Wiedeking asserted in a 2006 interview that "every product must earn money. Otherwise you are simply pursuing a hobby, which is no task for an auto-business".

By then he had dropped the unprofitable 928 and 968 models, overhauled the iconic 911 and developed two new models: the Boxster convertible and the Cayenne SUV.

2007

In 2007 the stock market value of the company rose from 300 million to 25 billion euro.

In the end of 2007 in the annual survey "Manager nach Noten" by the consulting company Marketing Corporation that interviews 1000 managers he received the second best rating.

2008

Wiedeking played a leading role in Porsche's attempted takeover of Volkswagen, which was ultimately unsuccessful although windfall gains from financial instruments linked to VW shares helped Wiedeking become the best paid executive in Germany in 2008.

The bid left the Porsche holding company with debts of €10 billion, whilst Wiedeking walked away with a severance package of €50million.

After his departure from Porsche Wiedeking was charged with market manipulation for his role in the takeover bid.

In 2008 Wiedeking founded two charities with 5 million euros private capital each.

Both charities, one in his hometown Beckum and one in Bietigheim-Bissingen where he lived for many years, only pursue charitable purposes.

Their main goal is to support families, children and young people in need.

Among others they support the Seehaus Leonberg and the youth center Sperlingshof.

Wiedeking dropped to #7 in 2008, but reached a personal high #2 in 2009.

Other accolades include

2009

In the middle of 2009 he only reached 12th place

2013

Since 2013 he is establishing the restaurant chain Tialini.

2016

The charges were dropped in July 2016 due to a too little chance of success.