Claus Wellenreuther is a German entrepreneur and co-founder of the software company SAP SE. How rich is Claus Wellenreuther?
Entrepreneur. Born in Mannheim, Germany in 1935. Claus Wellenreuther fortune is estimated at around 13 billion euros. Wellenreuther studied business administration at the University of Mannheim, specializing in Operations Research. He presented his dissertation on Markov processes and their implementation in queuing systems in 1968. After that, Wellenreuther worked at IBM in Mannheim, where he was responsible for the development of financial accounting systems. In 1971 he left IBM to program a standard financial accounting system with batch processing. Wellenreuther left the company in 1980 for health reasons and received a severance payment of 1 million DM. In 1982 he founded DCW Software, which he developed into a specialist in medium-sized ERP software. The company was taken over by SAP in 2003.
Bourgeois name: Claus Wellenreuther
Claus Wellenreuther size: 1.80 m
His career began: 1960
What is the net worth of Claus Wellenreuther?
Claus Wellenreuther’s assets are currently € 13 billion.
Training: University of Mannheim
Established organization: SAP
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