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Georg Nemetschek & family
Rank #858
GERMANYTechnologySoftware

Georg Nemetschek & family

Net Worth
$4.966B
0% (24h)
Georg Nemetschek, the 92-year-old founder and deputy chairman of Nemetschek Group, has a net worth of $5.4 billion, primarily derived from his ventures in software. He revolutionized the architecture, engineering, and construction (AEC) industries by pioneering design software in the 1960s. His career includes founding 'Ingenieurbüro für das Bauwesen' in 1963, later evolving into the Nemetschek Group. The company, which went public in 1999, now serves millions of users globally. Nemetschek's contributions extend beyond business; he established foundations, including the Nemetschek Innovation Foundation, to promote research and AI in construction, demonstrating his dedication to innovation and societal advancement.

The Full Dossier

Early Life and Education

Georg Nemetschek was born in 1934. He studied civil engineering at the Munich Technical University, earning a Dipl.-Ing. degree in 1958.

Rise to Success

In 1963, Nemetschek founded 'Ingenieurbüro für das Bauwesen,' focusing on structural design and becoming one of the first to utilize computers for finite element calculations. He then pivoted to software development, concentrating on architecture, engineering, and construction industries. In 1970, he was appointed professor for Civil Engineering Informatics at the Munich University of Applied Sciences, and later served as Dean of the Faculty for Civil Engineering from 1977 to 1996. Nemetschek AG was created in 1997. In 1999, Nemetschek Programmsysteme GmbH went public.

Key Business Strategies

Nemetschek’s key strategy involved early adoption and innovation in software for the construction sector, with a focus on the entire building lifecycle. The company expanded into 3D animation and motion design, securing access to the media industry. Since 2008, Nemetschek has operated as a holding company with four business units: Planning & Design, Build & Construct, Manage & Operate, and Media & Entertainment.

Philanthropy

Georg Nemetschek has established three foundations: The Professor Georg Nemetschek Foundation (1996), the Nemetschek Foundation (2007), and the Nemetschek Innovation Foundation (2020). These foundations support education, science, research, and the advancement of AI in construction. In 2020, he transferred 350,000 shares of Nemetschek SE to the Nemetschek Innovation Foundation.

Career Timeline

2020

Launched Nemetschek Innovation Foundation

Established a foundation to support AI and research in construction.

1999

Nemetschek AG went public

Took the company public, leading to substantial growth.

1977

Dean of the Faculty for Civil Engineering

Served as Dean, focusing on student training.

1970

Professor at Munich University of Applied Sciences

Appointed as professor for Civil Engineering Informatics.

1963

Founded Ingenieurbüro für das Bauwesen

Established an engineering firm for construction, focusing on structural design and early computer use.

Philanthropic Impact

EducationUnknown

Professor Georg Nemetschek Foundation

Supports the Faculty of Civil Engineering at Munich University of Applied Sciences.

SocialUnknown

Nemetschek Foundation

Contributes to democratic culture in Germany.

Research$27.7M

Nemetschek Innovation Foundation

Supports science, research, and AI in construction.

Wealth Trajectory