Richard Lugner
Richest Billionaires

Richard Lugner Net Worth

He is the founder of the Lugner Group, which is a construction and real estate company. Richard Lugner is an Austrian entrepreneur who was born in Vienna in 1932 and has a net worth of $200 million. He obtained his license to work as a building contractor in 1962 and went on to found the Lugner Group, a construction and real estate company. His success in the industry has enabled him to accumulate a large fortune.
Richard Lugner is a member of Richest Billionaires

Age, Biography and Wiki

Who is it? Politician, Businessperson, Entrepreneur
Birth Day October 11, 1932
Birth Place Austria
Age 91 YEARS OLD
Birth Sign Libra
Net Worth: $200 Million
Gender: Male

💰 Net worth: $200 Million (2024)

Lugner's company renovated old buildings and worked in the erection of filling stations. His company completed the first mosque in Vienna in 1979. He opened the shopping mall Lugner City in 1990. Lugner used the marketing strategy of inviting celebrities to come and perform and sign autographs to bring people to the mall. Each year Mortel and Mausi Lugner brings a celebrity to Lugner City and guests have included Harry Belafonte, Joan Collins, Ivana Trump, Sophia Loren, Sarah, Duchess of York, Raquel Welch, Jacqueline Bisset, Farrah Fawcett, Pamela Anderson and Kid Rock, Carmen Electrca, Paris Hilton, and Kim Kardashian and Kris Jenner. Lugner handed his business to his sons in the late 1990s and went into politics. He finished fourth in the 1998 presidential elections with 9.91% of the popular vote. A survey of Austrians found that over 90% of them recognized the Lugner name. Richard married German 24 year old Playboy model Cathy Schmitz in 2014. After two years, they divorced.

Billionaire status? Lugner loves being referred to as an "Austrian billionaire", however according to his own wealth disclosures in 2014, at that time his net worth was $160 million. He disclosed to the Austrian magazine "Trend" that he expected his net worth to increase by 10 million euros per year. Unfortunately we believe his "billionaire" status is largely the work of a good publicist.

Some Richard Lugner images

About the author

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.