Basic Information About Michael Stoschek and Family:
| Category | Business › Billionaires |
|---|---|
| Net worth | $3,800,000,000 |
| Date of birth | 2015-11-08 (8 years old) |
| Place of birth | Coburg |
| Nationality | German |
| Social Media | ↗︎ Wikipedia |
Michael Stoschek and Family: Net Worth
$3,800,000,000
Michael Stoschek is a famous German entrepreneur whose net worth, shared with his family, amounts to $3.8 billion. Coming from the third generation of the Stoschek family, he demonstrated remarkable managerial skills and entrepreneurial mindset as the leader of Brose GmbH & Co. KG, an international leader in the manufacturing and supply of mechatronic components and systems for vehicles. With a workforce of 22,000 employees across 58 locations worldwide, the company generated revenues of 4.7 billion euros in 2013. While Mr. Stoschek no longer performs operational management duties, he continues to draw the majority of his net worth from the performance of Brose Group, where he holds the position of chairman and is a majority shareholder.
Key facts:
- Michael Stoschek took over as the leader of Brose GmbH & Co. KG at the age of 23, showing impressive managerial skills and entrepreneurial vision
- Under his leadership, Brose GmbH & Co. KG transformed from a national manufacturer to an international leader, manufacturing and supplying mechatronic components and systems for vehicles in 23 countries
- Brose Group, under Michael Stoschek's direction, generated revenues of 4.7 billion euros ($6.25 billion) in the fiscal year 2013
- Michael Stoschek has been honored with several awards, including the Initiative Prize of the Industrial Research Foundation and the Family Entrepreneur of the Year award
- Aside from his entrepreneurial success, Michael Stoschek is also a talented competitive sportsman, having been the Bavarian Showjumping Champion in 1992 and 1996
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