Werner von Siemens
Telecommunication

Werner von Siemens Net Worth

. Werner von Siemens was a German engineer and inventor-entrepreneur who is widely regarded as one of the most important visionaries in the history of telecommunications. Born in poverty, he joined the German Army to complete his education and ended up contributing decisively in the war by building communication channels that were way ahead of their time. His legacy is the multinational telecommunications company 'Siemens AG', which is still owned by his descendants. Siemens' hard work and perseverance have made him one of the most influential figures in the industry, and his achievements will be remembered for generations to come.
Werner von Siemens is a member of Telecommunication

Age, Biography and Wiki

Who is it? Inventor
Birth Day December 13, 1816
Birth Place Gehrden, German
Age 203 YEARS OLD
Died On 6 December 1892(1892-12-06) (aged 75)\nBerlin, Province of Brandenburg, Kingdom of Prussia in the German Empire
Birth Sign Capricorn
Fields Inventor

💰 Net worth

Werner von Siemens was a renowned German inventor, widely recognized for his contributions to electrical engineering and technology. In 2024, his net worth is estimated to be between $100K and $1M. Siemens' remarkable innovations revolutionized multiple industries, making him a pioneer in his field. With his groundbreaking inventions and entrepreneurial endeavors, he left a lasting impact on the world. Werner von Siemens will forever be remembered as a visionary inventor, whose genius and ingenuity continue to shape the modern world.

Famous Quotes:

A number of great factories in the hands of rich capitalists, in which "slaves of work" drag out their miserable existence, is not, therefore, the goal of the development of the age of natural science, but a return to individual labour, or where the nature of things demands it, the carrying on of common workshops by unions of workmen, who will receive a sound basis only through the general extension of knowledge and civilization, and through the possibility of obtaining cheaper capital.

Biography/Timeline

1787

Ernst Werner Siemens was born in Lenthe, today part of Gehrden, near Hannover, in the Kingdom of Hanover in the German Confederation, the fourth child (of fourteen) of a tenant farmer of the Siemens family, an old family of Goslar, documented since 1384. He was a brother of Carl Heinrich von Siemens and Carl Wilhelm Siemens, sons of Christian Ferdinand Siemens (31 July 1787 – 16 January 1840) and wife Eleonore Deichmann (1792 – 8 July 1839).

1835

After finishing school, Siemens intended to study at the Bauakademie Berlin. However, since his family was highly indebted and thus could not afford to pay the tuition fees, he chose to join the Prussian Military Academy's School of Artillery and Engineering, between the years 1835-1838, instead, where he received his officers training. Siemens was thought of as a good soldier, receiving various medals, and inventing electrically-charged sea mines, which were used to combat a Danish blockade of Kiel.

1847

Upon returning home from war, he chose to work on perfecting technologies that had already been established and eventually became known world-wide for his advances in various technologies. In 1843 he sold the rights to his first invention to Elkington of Birmingham. Siemens invented a telegraph that used a needle to point to the right letter, instead of using Morse code. Based on this invention, he founded the company Telegraphen-Bauanstalt von Siemens & Halske on 1 October 1847, with the company opening a workshop on 12 October.

1867

He was married twice, first in 1852 to Mathilde Duman (died 1 July 1867) and second in 1869 to his relative Antonie Siemens (1840–1900). His children from first marriage were Arnold von Siemens and Georg Wilhelm von Siemens, and his children from second marriage were Hertha von Siemens (1870 - 5 January 1939), married in 1899 to Carl Dietrich Harries, and Carl Friedrich von Siemens.

1877

Apart from the pointer telegraph Siemens made several contributions to the development of electrical engineering and is therefore known as the founding Father of the discipline in Germany. He built the world's first electric elevator in 1880. His company produced the tubes with which Wilhelm Conrad Röntgen investigated x-rays. He claimed invention of the dynamo although others invented it earlier. On 14 December 1877 he received German patent No. 2355 for an electromechanical "dynamic" or moving-coil transducer, which was adapted by A. L. Thuras and E. C. Wente for the Bell System in the late 1920s for use as a loudspeaker. Wente's adaptation was issued US patent 1,707,545 in 1929. Siemens is also the Father of the trolleybus which he initially tried and tested with his "Elektromote" on 29 April 1882.

1888

The company was internationalised soon after its founding. One brother of Werner represented him in England (Sir william Siemens) and another in St. Petersburg, Russia (Carl von Siemens), each earning recognition. Following his industrial career, he was ennobled in 1888, becoming Werner von Siemens. He retired from his company in 1890 and died in 1892 in Berlin.

2013

The company, reorganized as Siemens & Halske AG, Siemens-Schuckertwerke and – since 1966 – Siemens AG was later led by his brother Carl, his sons Arnold, Wilhelm, and Carl Friedrich, his grandsons Hermann and Ernst and his great-grandson Peter von Siemens. Siemens AG is one of the largest electrotechnological firms in the world. The von Siemens family still owns 6% of the company shares (as of 2013) and holds a seat on the supervisory board, being the largest shareholder.

Some Werner von Siemens 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.