Georg Stumpf

$9.36 B

Ranked #346 in World

About Georg Stumpf

Austrian-born Georg Stumpf, who entered the world on September 14, 1972, is a formidable figure in the construction and real estate sectors, having established the Stumpf Group in 1994. He leveraged a 1 million shilling start-up grant from his father, Georg Stumpf Sr., to invest notably in Vienna's towering Millennium Tower. Despite disregarding building regulations, Stumpf sold the edifice for €145 million in 2003. His financial ventures extended to acquiring a significant stake in Switzerland's OC Oerlikon, alongside Mirko Kovats and partnering with Viktor Vekselberg post the 2007-2008 financial crisis. An avid golfer and former junior champion, Stumpf's portfolio has secured his position on the 2022 Forbes Billionaires List at rank 288, with assets totalling $8.1 billion.

Born

September 14, 1972

Age

53 years

Source Of Wealth

Real Estate, Construction

Industries

Diversified

Citizenship

Austria

Residence

Vienna

Georg Stumpf was born on September 14, 1972, in Austria. He comes from a wealthy family, as his father, Georg Stumpf Sr., is a successful entrepreneur and a close friend of former Federal Chancellor Franz Vranitzky.

Georg Stumpf: Family

Georg Stumpf is married and has two children. He is known for maintaining a low profile and values his privacy.

Georg Stumpf: Career Highlights

Georg Stumpf's career is marked by significant achievements in the real estate and investment sectors. Here are some highlights:

Founded the Stumpf Group: In 1994, Georg Stumpf established the Stumpf Group, a company focused on real estate development and investment.
Millennium Tower Project: With the support of a banking consortium, Stumpf invested in the construction of the Millennium Tower in Vienna. Completed in 1999, it became the tallest building in Vienna.
Sale of Millennium Tower: In 2003, Stumpf sold the Millennium Tower for 145 million euros, making it one of the most significant real estate transactions in Austria.
Acquisition of OC Oerlikon: In 2005, Stumpf, along with Mirko Kovats and Ronny Pecik, acquired the majority of the OC Oerlikon industrial group in Switzerland.
Partnership with Viktor Vekselberg: Stumpf partnered with Russian oligarch Viktor Vekselberg to acquire additional companies and reorganize the Oerlikon industrial group.
Exyte Group: Following the collapse of Oerlikon due to the financial crisis of 2007-2008, Stumpf received the Exyte group as part of the restructuring process.

Georg Stumpf: Companies

Georg Stumpf has been involved with several notable companies throughout his career:

Stumpf Group
Millennium Tower
OC Oerlikon
Exyte group

Georg Stumpf: Major Achievements

Stumpf's major achievements include:

Building the Millennium Tower, the tallest building in Vienna.
Acquiring the majority of the OC Oerlikon industrial group.
Partnering with Viktor Vekselberg to reorganize the Oerlikon industrial group.
Receiving the Exyte group after the collapse of Oerlikon.

Georg Stumpf: Awards & Achievements

Georg Stumpf has received recognition for his accomplishments, including:

Several junior championship titles in golf in Austria.

Inclusion in the 2022 Forbes Billionaires List, with an estimated wealth of $8.1 billion, ranking 288th.

Georg Stumpf: Personal Life & Legacy

Georg Stumpf is known for his passion for golf and has won several junior championship titles in Austria. He values his privacy and maintains a low profile in his personal life.

Georg Stumpf: Trivia

Georg Stumpf disregarded building regulations during the construction of the Millennium Tower, leading to criticism and legal challenges.
He enjoys playing golf and has won several junior championship titles in Austria.
Stumpf made the 2022 Forbes Billionaires List with an estimated wealth of $8.1 billion, ranking 288th.

Wealth History

Timeline

September 14, 1972

Georg Stumpf is born in Austria.

1994

Georg Stumpf founds the Stumpf Group.

2003

Georg Stumpf sells the Millennium Tower, the tallest building in Vienna, for 145 million euros.

2005

Georg Stumpf, Mirko Kovats, and Ronny Pecik purchase the majority of the OC Oerlikon industrial group in Switzerland.

2007-2008

Oerlikon collapses due to the financial crisis, and Georg Stumpf receives the Exyte group.

2022

Georg Stumpf makes the Forbes Billionaires List with an estimated wealth of $8.1 billion, ranking 288th.

Georg Stumpf : FAQs

What is Georg Stumpf's current net worth?

Georg Stumpf's current net worth is $9.36 billion.

What is Georg Stumpf's current global rank among billionaires?

Georg Stumpf holds the 346th position globally among billionaires.

What is Georg Stumpf's current ranking within the Austria?

Georg Stumpf holds the 3rd position in Austria.

What was the change in Georg Stumpf's net worth compared to the previous year?

Georg Stumpf's net worth decreased by 2.36 billion dollars compared to the previous year 2025, when his net worth was 11.72 billion dollars.

What is the recent change in Georg Stumpf's net worth?

Georg Stumpf's net worth increased by 1.42 million dollars recently, a 0.02% increase, with his net worth standing at 9.36 billion dollars.

What are Georg Stumpf's main sources of wealth?

Georg Stumpf's main source of income comes from Real Estate, Construction.

In which industry does Georg Stumpf primarily operate?

Georg Stumpf is primarily involved in the Diversified industry.

How old is Georg Stumpf?

Georg Stumpf is 53 years old.

Who is Georg Stumpf and when was he born?

Georg Stumpf is an Austrian builder and real estate investor born on September 14, 1972.

What is the Stumpf Group and who founded it?

The Stumpf Group is a company focused on real estate and construction, founded in 1994 by Georg Stumpf.

How did Georg Stumpf start his venture in real estate investing?

Georg Stumpf started his journey in real estate investing with a start-up capital of 1 million shillings given by his father, Georg Stumpf Sr.

What is the significance of the Millennium Tower in Georg Stumpf's career?

The Millennium Tower holds significance for Georg Stumpf's career as a notable investment, built with support from a banking consortium, and sold for 145 million euros in 2003.

Did Georg Stumpf make the Forbes Billionaires List and what is his estimated wealth?

Yes, Georg Stumpf made the 2022 Forbes Billionaires List with an estimated wealth of $8.1 billion, ranking 288th.