Hans Werner Hector
Hans Werner Hector is a German software engineer and a mathematician who has a net worth of $1.85 billion. Born in the German city of Kaiserlautern, he graduated from the University of Saarland with a degree in Mathematics. He had worked for the multinational corporation, IBM, in Mannheim and this is where he chanced upon the idea of creating managerial standard software.
In 1972 Hector along with four of his colleagues founded the company SAP or Systems Analysis & Program Development in Walldorf. The company has achieved tremendous success and he is fully responsible for the development of this business. His personal fortune has grown very rapidly and he has touched the billion dollar mark quite rapidly. Forbes estimates that Hector is the 51st richest person in Germany and among the top-1000 richest persons in the world.
Hans-Werner Hector sold the majority of his stake in the company in 1996 and the proceeds made him richer by $2 billion. He left the company in 1997 after falling out with his partners. On the personal front, he has started the HW&J. Hector Foundation that provides aid in AIDS & Cancer research. The self-made businessman now lives in Weinheim with his wife.
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