Georg Schaeffler: Is there a single family office?

Georg Schaeffler: Is there a single family office?

Georg Schaeffler is a German billionaire from the automotive industry. Schaeffler studied in St. Gallen and is a business lawyer. Since 1990, Schaeffler was active in various roles in the family company. Today, Schaeffler owns 80% of the Schaeffler group, which leads to an estimated net worth of $25.3BN. The Schaeffler group is active as automotive supplier and mechanical engineering company. Based on a net worth analysis, the Schaeffler family office would be one of the largest family offices in Germany. 

Holding as Schaeffler family office

Georg Schaeffler’s family office is a complex construct of two firms: the INA-Holding Schaeffler GmbH & Co. KG and the INO-Holding. The INA-Holding is the central management firm of Schaeffler’s holdings, amongst other in FAG, LuK and also the real estate holdings. For example, the holding recently increased its holding in Vitesco Technologies to more than 50%.  In July 2022, Schaeffler acquired Ewellix from private equity investor Triton. To sum it up, it can be said that the Schaeffler holding companies serve as family office with a clear focus on industrial investments. The main source of wealth is the holding in the Schaeffler group and other investments like Continental. 

Picture source: Hakon Satoen

This article directly stems from the research process for our European single family office database. Our list of European single family offices includes the most important family investment vehicles that invest in various areas, such as financial markets, real estate, venture capital, private equity and renewables.

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