BillionaireNet
Kaeser
Thomas Kaeser
Rank #842
GERMANYManufacturingair systems

Thomas Kaeser

Net Worth
$4.825B
0% (24h)
Thomas Kaeser, a prominent figure in the air systems and manufacturing industry, currently holds an estimated net worth of $4.8 billion. Born in 1953, he is the CEO of Kaeser Compressors, a company founded in 1919 by his grandfather. Kaeser's career began in 1979 when he joined the family business, later becoming a managing partner in 1985 and the Chairman of the Board in 2012. He is known for his dedication to family and his hometown of Coburg, Germany, where Kaeser Kompressoren's main production facility is located. Kaeser has been recognized for his contributions to the Bavarian economy, receiving the Bavarian Order of Merit in 2023.

The Full Dossier

Early Life

Thomas Kaeser was born on August 14, 1953, in Coburg, Bavaria, Germany. He is the third of seven children. He attended Ernestinum Gymnasium in Coburg, and later studied industrial engineering at the Technical University of Karlsruhe.

Rise to Success

After completing his studies and trainee positions in France and the USA, Thomas Kaeser joined the family company, Kaeser Kompressoren, in 1979. In 1985, he became the Managing Partner of the company and was responsible for its international expansion, which began in the late 1970s. Under his leadership, the company has grown to over 7,500 employees and is present in over 140 countries. He has been the Chairman of the Board of Kaeser Kompressoren SE since 2012.

Key Business Strategies

Kaeser's approach emphasizes a commitment to family, both his own and the corporate family at Kaeser Kompressoren. The company focuses on offering efficient, economical, reliable, and sustainable solutions for businesses globally. This approach has led to continuous innovation and market leadership, as Kaeser Kompressoren celebrates over a century in the compressed air systems industry.

Philanthropy

While specific philanthropy amounts are not available, Kaeser's actions demonstrate a commitment to society, as expressed in his acceptance speech for the Bavarian Order of Merit. The company also has a program to engage apprentices and offers jobs.

Career Timeline

2023

Bavarian Order of Merit

Awarded the Bavarian Order of Merit for outstanding achievements in business and community engagement.

2012

Chairman of the Board

Assumed the role of Chairman of the Board of Kaeser Kompressoren SE.

1985

Managing Partner

Became Managing Partner of Kaeser Kompressoren, later responsible for international expansion.

1979

Joined Kaeser Kompressoren

Began working at the family-owned compressed air systems company.

Wealth Trajectory