Martin Winterkorn Net Worth

Capital: € 100 million
Age: 72
Born: May 24, 1947
Country of origin: Germany
Source of wealth: Entrepreneurs
Last updated: 2022

Short introduction

Former CEO of Volkswagen AG is a public person in the Federal Republic. First in Bosch and then in Audi, he moved to VW in 1993, where he was in the council from 2000 and became chairman of the council in 2006. Because of involvement in the VW exhaust scandal, after years of success He was very badly criticized that he resigned in 2015. At present there are several lawsuits against him in Germany and the United States for fraud and other violations, the results of which are currently open.

Early life

Little is known about his childhood and young. From 1966 Martin Winterkorn, who was born in Leonberg, learned metallurgical physics and metal in Stuttgart. From 1973, Winterkorn worked as a doctoral student at the Max Planck Institute for Metals Research, which ended with a doctorate. Since then he started working in a free industry.

Career highlights

All time as a member of the VW Council can be considered a big success – until the emission scandal is detrimental to his good reputation, his work and maybe even his freedom. Until then, he always set volkswagen to new notes. The highest sales figure, tens of thousands of new jobs and record sales and profits. After the scandal, this achievement faded more than just a little, but they were part of Martin Winterkorn’s life and work which was mostly successful.

His old career was successful as a manager reflected in various awards. Perhaps the most important thing about this is the manager of this year in 2012. In a nominal more importantly maybe the two honorary doctors he received from the Chemnitz Technology University and the Munich Technical University. He is also a professor of honor at Tongji University in Shanghai.

Famous quotes

“Board members earn a lot and have a lot of responsibility. Errors quickly have very serious consequences. Accordingly, consequent action must also be taken when the results are inadequate. ”

“I expect my top managers to feel safe about cars: euphoria for things that are really good, intolerance against weaknesses.”

“The employees who still know me from my time as a quality man at Audi or VW know that I’m not interested in hierarchies, but only in the hard facts. Especially when it comes to hot topics when a problem arises somewhere. ”

“Volkswagen should be at the top in every respect, including when it comes to responsible corporate management. I am careful with the word ‘role model’ – but our industry and therefore Volkswagen can be called a pioneer: Nobody can fool us when it comes to working conditions and responsible use of the resources of our planet. ”

Amazing facts

While in VW, he had a pool built for Kois on his land. Introduction to the heating system for this pool alone is 60,000 euros, which of course VW takes over.

Martin Winterkorn is the father of two sons with two different women.

Shortly before the emission scandal was discovered, he and his wife founded a company which was the Director of Implementing was his wife. Martin Winterkorn moved most of his assets there.

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