LeaderPortfolio
Viessmann
Maximilian Viessmann
Rank #439
GERMANYManufacturingHeating, cooling equipment

Maximilian Viessmann

Net Worth
$8.143B
+0.16% (24h)
Maximilian Viessmann, a prominent figure in the heating and cooling equipment industry, is the CEO President of the Viessmann Generations Group, a family-owned investment company. At 37 years old, and with a net worth of $8.1 billion, Viessmann's source of wealth stems from the core business of Heating, cooling equipment. Before stepping into his current role, he oversaw the company's climate solutions portfolio. He earned a bachelor's degree in Industrial Engineering from TU Darmstadt and a master's in IE from Karlsruhe Institute of Technology. Viessmann's career also includes a stint at the Boston Consulting Group. His commitment to "co-creating living spaces for future generations" reflects his focus on sustainability and long-term value.

The Full Dossier

Early Life

Maximilian Viessmann, born in 1989, is the great-grandson of Johann Viessmann, who founded Viessmann Group in 1917. His father, Martin Viessmann, is the chairman of the Viessmann Group Board of Directors. Maximilian's upbringing was steeped in the family's long-standing legacy in the heating and cooling industry. He pursued higher education, earning a degree in Industrial Engineering. After graduating, he worked as a management consultant for the Boston Consulting Group, gaining valuable experience in Munich and Shanghai.

Rise to Success

In 2015, a conversation with his father sparked a pivotal moment, recognizing the potential of digital technologies for Viessmann. This led Maximilian to become the Chief Digital Officer, spearheading the company's digital transformation. His leadership culminated in him becoming Co-CEO in 2017, and then CEO of the Climate Solutions business area in 2019. After the sale of Viessmann's Climate Solutions Business to Carrier in 2023 for EUR 12 billion, Maximilian sits on their Board of Directors.

Key Business Strategies

Viessmann's strategy has been marked by a focus on innovation, sustainability, and long-term value. This included expanding green climate solutions, such as heat pumps and digital services. The company has invested heavily in research and development, and expanded its global presence with 22 production companies in 12 countries and sales in 74 countries. Viessmann’s core values include being team-oriented, responsible, and entrepreneurial.

Philanthropy

The Viessmann Generations Group integrates entrepreneurship with philanthropic commitments. Through the Viessmann Foundation and family-led initiatives, they invest in climate action, health, education, and social welfare. Every initiative reflects their mission to empower generations, advance human potential, and safeguard the planet.

Career Timeline

2023

Board of Directors, Carrier Global

Joined the Board of Directors of Carrier Global after the sale of Viessmann's Climate Solutions.

2019

CEO of Climate Solutions Business Area

Assumed the role of CEO for the Climate Solutions business.

2017

Co-CEO

Became Co-CEO of the Viessmann Group.

2015

Chief Digital Officer

Oversaw the digital transformation at Viessmann.

Philanthropic Impact

VariousUnknown

Viessmann Foundation

Supports science, climate action, education, arts, and social welfare.

Education & Democracy$0.6

Support for Democracy

Donation to eight local initiatives supporting democracy in Germany.

Wealth Trajectory