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Carsten Maschmeyer, a renowned German billionaire, combines his entrepreneurial and philanthropic passions through his Maschmeyer Group, which focuses on seeding and accelerating startups across various sectors via entities like ALSTIN, Paladin Asset Management, and Seed & Speed. Born into humble beginnings in Bremen and growing up in Hildesheim, Maschmeyer's journey from an orphanage to establishing the AWD financial group, expanding it across Europe, and finally selling it to Swiss Life for CHF 1.9 billion, underscores his financial acumen. His investments span from health to technology with significant interests in companies like HMNC Brain Health and Syntellix AG. Beyond business, Maschmeyer is an influential consultant, speaker, and author, recognized for advising on strategies across business domains, and is committed to charitable causes, notably in education and health. Residing between Munich and Beverly Hills, and married to Veronica Ferres, Maschmeyer's life reflects a blend of financial success and social responsibility, making him a figure of considerable interest in global finance circles.
May 08, 1959 in Bremen, West Germany
66 years
Finance Services
Finance & Investments
Germany
Munich
Veronica Ferres (Married: 2014)
Carsten Maschmeyer, a German billionaire businessman, investor, and panel member of "Die Höhle der Löwen" (The Lions' Den), was born in Bremen, Germany, and grew up in Hildesheim, Lower Saxony. He had a deprived childhood, never met his father, and lived in an orphanage. At the age of 40, he met his half-brother. As a teenager, Maschmeyer was a successful middle-distance runner.
He completed his Abitur in 1978 and joined the German Armed Forces for two years. While studying medicine in Hanover, he worked part-time in sales at a financial advisory firm. In 1982, he became a full-time financial consultant, leaving university without a degree. Maschmeyer rose to prominence as the director of the Lower Saxony division at OVB Vermögensberatung, where he managed 3,000 employees. He also served as a reserve officer of the Joint Medical Service of the Bundeswehr.
Carsten Maschmeyer: Career
In 1988, Maschmeyer established AWD (Allgemeiner Wirtschaftsdienst) financial group, which rapidly grew to become Europe's largest independent financial advisory. The company went public in 2000, listed in M-DAX, and expanded to 11 countries with 11,000 employees. By 2007, AWD managed €15 billion for 2 million customers. However, in the same year, Swiss Life acquired all shares in AWD for CHF 1.9 billion.
Carsten Maschmeyer: Investments
Maschmeyer maintains significant holdings in various companies. His private equity fund has invested in two top 10 fastest-growing startups in Germany. As a result, he ranked 112th in the list of 500 richest Germans, with assets estimated at €1.2 billion.
Carsten Maschmeyer: Companies
Maschmeyer has invested in several successful companies, including:
Carsten Maschmeyer: Consultant, Author, Speaker
Maschmeyer is a sought-after consultant who advises decision-makers on strategies in various businesses. He is also a popular speaker on entrepreneurship, investments, sales, communication, networking, marketing, success, and mental power. Maschmeyer is the bestselling author of "Selfmade - erfolg reich leben" and "Die Millionärsformel – Der Weg zur finanziellen Unabhängigkeit".
Carsten Maschmeyer: Charity and Donations
Maschmeyer is actively involved in charitable activities. He is an honorary senator of Leibniz University in Hanover and a freelance lecturer at the International School of Management in Munich. He finances scholarships at both institutions and promotes the "Neurological Learning" project at the University of Hildesheim. Maschmeyer co-founded the "Neurobionic" foundation and finances a professorship at the Music College in Hanover.
He supports various charity projects for children and founded "AWD Kinderhilfe". Maschmeyer made the largest single donation of €1 million to "Herz für Kinder" and donated a helicopter to the Order of Saint John. He also supports the ALS-Gala, Sean Penn's "J/P Haitian Relief Organization", Surgeon-Congress, HOPE Cape Town against AIDS, and the Elton John AIDS Foundation.
In 2015, Maschmeyer shared his private house with Syrian refugee families and provides free online language learning programs to refugees.
Carsten Maschmeyer: Television Career
Maschmeyer joined the German TV show "Die Höhle der Löwen" as a potential investor. The show is the German version of the US show "Shark Tank," where entrepreneurs present business ideas to five investors for funding in exchange for shares.
Carsten Maschmeyer: Legal
Maschmeyer has been involved in legal disputes with Bank Safra Sarasin and MLP. Bank Safra Sarasin refunded Maschmeyer after investing in an illegal tax refund fund. MLP accused him of violating reputing obligations, but the claim was unsuccessful.
Carsten Maschmeyer: Personal Life
Maschmeyer resides in Munich, Hanover (Germany), Côte d'Azur (France), and Beverly Hills (California, US). He is married to actress Veronica Ferres since 2014 and has two sons from a previous marriage and a stepdaughter.
Maschmeyer is an art collector with works by renowned artists such as Damien Hirst, Andreas Gursky, David Reed, Daniel Richter, Thomas Ruff, Steve McQueen, David LaChapelle, Anselm Kiefer, and Igor Mitoraj.
Carsten Maschmeyer was born in Bremen, Germany.
Completed Abitur and joined German Armed Forces for two years.
Became a full-time financial consultant, leaving university without a degree.
Established AWD (Allgemeiner Wirtschaftsdienst) financial group.
AWD went public, listed in M-DAX, expanded to 11 countries with 11,000 employees.
Swiss Life acquired all shares in AWD for CHF 1.9 billion.
Married to actress Veronica Ferres.
Shared private house with Syrian refugee families, provides free online language learning programs to refugees.
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