Siegfried Meister
Manufacturing

Siegfried Meister Net Worth

7 months ago

Siegfried Meister, an electrical engineer, founded Rational AG in 1973 and currently owns 63% of the publicly traded company. The company, based in Landsberg, Germany, has a 54% share of the global market for thermal food preparation appliances and has grown consistently in the past 20 years without acquisitions. Its SelfCookingCenter 5 Senses line debuted in 2014 and offers innovative and energy-efficient technology. There is still ample room for future growth, as 90% of potential customers do not currently own one of its products. Meister and his wife still come into the company every day to eat with the managers.
Siegfried Meister is a member of Manufacturing

Age, Biography and Wiki

Birth Day October 17, 1938
Birth Place Landsberg am Lech, Germany, Germany
Age 82 YEARS OLD
Died On 28 July 2017(2017-07-28) (aged 78)
Birth Sign Scorpio
Residence Landsberg am Lech, Germany
Occupation Founder and 63% owner, Rational AG
Spouse(s) married

💰 Net worth: $3.8 Billion (2024)

Siegfried Meister, a prominent figure in the world of manufacturing in Germany, is projected to have a net worth of $3.8 billion by 2024. Meister has made a significant impact on the manufacturing industry, leveraging his expertise and business acumen to build a successful empire. With a strong focus on innovation and quality, Meister's ventures have thrived, contributing to his impressive wealth. As a leading figure in the manufacturing sector, his achievements have not only brought financial success but also established him as a respected figure in the industry.

2012 $1.9 Billion
2013 $2.5 Billion
2014 $2.5 Billion
2015 $2.9 Billion
2016 $3.6 Billion
2017 $3.8 Billion
2018 $5.2 Billion

Biography/Timeline

1938

Meister was born in 1938. He trained as an electrical Engineer.

1973

In 1973, he founded Rational AG, which rose to success as a result of the popularity of the combination steamer, which he helped to develop. He owned 63.7% of Rational.

2017

He was married and lived in Landsberg am Lech, Germany. He died on 28 July 2017.

Some Siegfried Meister images

Tags 1938 births 2017 deaths German businesspeople German billionaires People from Landsberg am Lech German electrical engineers German company founders

You may also like

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.