Klaus Tschira

Klaus Tschira is a trained physicist and an entrepreneur who has a net worth of $8 billion. He, along with his four friends at IBM, founded SAP, a German software company in 1972. Klaus acquired his net income mainly through the shares in this software company. He secured a diploma in Physics from IBM and very soon he co-founded this software firm along with his friends. Today SAP is one of the largest firms in the world and it has recorded revenue of $18.5 billion in 2011.

Read also :  The Billionaires of Germany

klaus tschira

Klaus retired from the company in 1998 and even stepped down as one of the supervisory board members in 2007. Contrary to what people believed, it was never a hastily taken decision as he wanted to devote a lot of time to philanthropic activities. In 1995 he had formed the Klaus Tschira Foundation which is now the largest philanthropic organization in Germany today.

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Klaus had donated 7 million shares to establish this non-profit organization to enable a better public understanding of mathematics and natural sciences. In 2008 Klaus Tschira, along with his wife Gerda, established the Gerda & Klaus Tschira Foundation. The self-made man and MS graduate from University of Karlsruhe lives in Heidelberg and he has 2 children. 

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"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

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