Michael Stoschek & family
Automotive

Michael Stoschek & family Net Worth

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Michael Stoschek is a German entrepreneur and the third generation to lead the family company, Brose, which he took over in 1971 at the age of 23. Under his leadership, Brose has become a world market leader in electrical and mechanical components and integrated systems, with 24,000 employees in 60 locations in 23 countries and annual revenues of $5.7 billion. After withdrawing from operational management in 2005, Stoschek has received numerous honors and is also a competitive sports enthusiast. He is the chairman of the board and main sponsor of the Brose Baskets, a basketball team with seven German championship titles. His daughter Julia is an active shareholder of the Brose Group and a well-known name in the art world.
Michael Stoschek & family is a member of Automotive

Age, Biography and Wiki

Birth Year 1947
Birth Place Germany
Age 76 YEARS OLD
Education Casimirianum Coburg
Known for Chairman, Brose Fahrzeugteile
Spouse(s) Gabriele Stoschek
Children Julia Stoschek Maximilian Stoschek

💰 Net worth: $1 Billion (2024)

Michael Stoschek and his family are regarded as prominent figures in the automotive industry in Germany. As of 2024, their net worth is estimated to reach an impressive $1 billion. This wealth is reflective of their successful ventures and investments in the automotive sector over the years. With an astute business acumen and a strong passion for automobiles, the Stoschek family has thrived in this highly competitive industry. Their contributions have not only enhanced their financial status but also established them as respected leaders in the German automotive landscape.

2014 $3.7 Billion
2015 $2.6 Billion
2016 $4.8 Billion
2018 $1 Billion

Biography/Timeline

1971

Stoschek took charge of Brose Fahrzeugteile in 1971 aged only 23 and grew the company into an international company.

2007

He is married with two children. His daughter Julia Stoschek is an art collector, specializing time-based media art, and runs the Julia Stoschek Collection in Düsseldorf, which opened in 2007, and has two floors of exhibition space, over 2500 m2. He has a son Maximilian Stoschek.

2015

As of November 2015, Forbes estimated his net worth at US$2.4 billion.

Tags 1948 births Living people German billionaires German businesspeople

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.