BillionaireNet
Meister
Ulrike Meister
Rank #2330
GERMANYManufacturingAppliances

Ulrike Meister

Net Worth
$1.596B
+4.51% (24h)
Ulrike Meister, a prominent German billionaire, is a key figure in the kitchen appliance industry. As an heir to Rational AG, a leader in commercial kitchen equipment, she holds a significant stake in the company. Rational AG, founded in 1973, has revolutionized the industry with innovative and energy-efficient technology. Meister's net worth is estimated at $1.5 billion, reflecting her influence in the appliance sector. Her career at Rational AG has been marked by a commitment to quality, sustainability, and innovation. Meister is also known for her philanthropic endeavors, focusing on education, healthcare, and environmental conservation.

The Full Dossier

Early Life and Family

Ulrike Meister is part of the family that founded and significantly owns Rational AG, a company that has become a global leader in the commercial kitchen appliance market. Her family's legacy in the industry has instilled in her a strong understanding of the balance between tradition and innovation. Rational AG was founded in 1973 by Siegfried Meister.

Rise to Success

Ulrike Meister's prominence stems from her role within Rational AG. Under her stewardship, the company has continued to innovate, consistently setting benchmarks in the kitchen appliance sector. Rational AG has more than a 50% share of the global market for multifunctional food preparation appliances used in large-scale and commercial kitchens. The company is known for its innovative, energy-efficient technology. The company's products include ovens, steamers, and grills.

Key Business Strategies

Meister's leadership is characterized by a commitment to quality and an inclusive approach to innovation. She champions initiatives that give back to the community, from supporting culinary education to advocating for food sustainability. Meister has been instrumental in steering Rational AG towards environmentally friendly practices, reducing the carbon footprint of commercial kitchens around the world. Under Ulrike’s guidance, Rational AG has embraced the digital transformation, integrating smart technology into its products.

Philanthropy

Beyond her business acumen, Ulrike Meister is known for her philanthropic endeavors. She has established numerous foundations dedicated to education, healthcare, and environmental conservation.

Career Timeline

2017

Siegfried Meister's Death

Siegfried Meister passed away, leaving the business to the heirs.

2000

Rational AG Goes Public

The company went public, which contributed to its growth.

1973

Rational AG Founded

Siegfried Meister founded Rational AG.

Philanthropic Impact

Education and Social Welfare$XB

Children's Shelter Foundation Thailand

Dedicated to helping children in need. Founded in 2007

Wealth Trajectory