LeaderPortfolio
family
D
Rank #634
GERMANYTechnologySoftware

Dietmar Hopp & family

Net Worth
$6.451B
-0.48% (24h)
Dietmar Hopp, born on April 26, 1940, is a German software engineer and billionaire businessman, best known as a co-founder of SAP SE. His wealth stems from his pioneering work in the software industry, establishing SAP as a global leader. Hopp served as co-CEO and Chairman of the Supervisory Board at SAP. Beyond his business achievements, he is recognized for his significant philanthropy, particularly through the Dietmar Hopp Foundation, supporting various causes in the Rhine-Neckar region. As of March 2024, his net worth is estimated at $6.6 billion.

The Full Dossier

Early Life

Dietmar Hopp was born in Heidelberg, Germany, on April 26, 1940. He grew up in Hoffenheim, a small village in the Baden-Württemberg region. His father was a teacher and his mother was a housewife. Hopp showed an early interest in technology and excelled in science subjects.

Rise to Success

After graduating from high school, Hopp studied telecommunications engineering at the University of Karlsruhe, completing his studies in 1966. He worked at IBM as a software developer and consultant. In 1972, Hopp, along with four colleagues from IBM, founded SAP SE (Systems, Applications, and Products in Data Processing). He served as the CEO from 1988 to 1998 and as the Chairman of the Supervisory Board until 2003. SAP became a global leader in enterprise software.

Key Business Strategies

Hopp's key business strategy included identifying the need for standardized software solutions for corporate resource management. SAP focused on providing integrated software solutions that streamlined business processes for various companies. Hopp played a pivotal role in transforming SAP into a leading software company. He also retained a significant share in SAP after leaving the board.

Philanthropy

Dietmar Hopp is a dedicated philanthropist, establishing the Dietmar Hopp Foundation in 1995. The foundation supports initiatives in medicine, education, social welfare, youth sports, and climate protection, primarily in the Rhine-Neckar metropolitan region. He transferred a significant portion of his wealth to the foundation. The foundation has donated around $755 million to charitable projects since its inception.

Career Timeline

1995

Dietmar Hopp Foundation

Established the Dietmar Hopp Foundation

1998

Chairman of the Supervisory Board

Became chairman of the supervisory board of SAP

1988

CEO of SAP

Became CEO of SAP

1972

Co-founded SAP SE

Co-founded SAP SE with four colleagues

1966

IBM

Worked as a software developer and consultant at IBM

Philanthropic Impact

Philanthropy$1B

Dietmar Hopp Foundation

Supports sports, medicine, education, and social programs in the Rhine-Neckar region

Wealth Trajectory