Paul Gauselmann & family: Paul Gauselmann & family Net Worth, Biography, Age, Spouse, Children & More

About Paul Gauselmann & family

Paul Gauselmann, the influential founder and head of German gaming titan Gauselmann Group, born August 26, 1934, continues to shape the industry with over 200 patents to his name and an annual production of 50,000 slot machines. Commended with Germany's Federal Cross of Merit and an Officer's Cross for his contributions, Gauselmann's philanthropic efforts also shine through the Gauselmann Foundation. Balancing a robust business realm with family, he shares both life and leadership with his wife and sons who are integral to the company.

Born

August 26, 1934

Age

91 years

Source Of Wealth

Gambling

Industries

Gambling & Casinos

Citizenship

Germany

Residence

Espelkamp

Children

Paul Gauselmann was born on August 26, 1934, in Borghorst, Germany. He grew up in a large family with four older brothers: Heinz, Josef, Eugen, and Willi.

Paul Gauselmann & family: Family

Paul Gauselmann is married to Karin Gauselmann, who serves on the supervisory board of Gauselmann AG. They have four sons: Peter, Michael (Co-CEO of Gauselmann AG), Armin (board member of Gauselmann AG), and Karsten.

Paul Gauselmann & family: Career Highlights

Paul Gauselmann is the founder and CEO of Gauselmann, a German company that produces slot machines and runs gambling arcades. He holds over 200 patented inventions and is known for his innovative contributions to the gaming industry.

Paul Gauselmann & family: Companies

Paul Gauselmann's company, Gauselmann, is a leading manufacturer of slot machines and operates numerous gambling arcades across Germany. The company produces around 50,000 gaming machines annually and employs over 14,000 people.

Paul Gauselmann & family: Major Achievements

Paul Gauselmann has achieved significant milestones in his career. He is the former chairman of the slot machine business association VDAI and has played a crucial role in shaping the German gaming industry.

Paul Gauselmann & family: Awards & Achievements

Paul Gauselmann has received numerous awards and honors for his contributions to the gaming industry. In 1993, he was awarded the Federal Cross of Merit (Knight's Cross), and in 2003, he was appointed to receive the Officer's Cross. He is also an honorary citizen of Espelkamp and Lübbecke.

Paul Gauselmann & family: Personal Life & Legacy

Paul Gauselmann is known for his philanthropic efforts. On his 65th birthday, he initiated the Gauselmann Foundation to support social projects in Espelkamp. He also supports various organizations, including sports teams, medical foundations, and cultural landmarks.

Paul Gauselmann & family: Trivia

Paul Gauselmann is an avid art collector and has a passion for classic cars. He is also a licensed pilot and enjoys flying.

Wealth History

Timeline

August 26, 1934

Paul Gauselmann is born in Borghorst, Germany.

1993

Paul Gauselmann receives the Federal Cross of Merit (Knight's Cross).

2003

Paul Gauselmann is appointed to receive the Officer's Cross.

2003

Paul Gauselmann initiates the Gauselmann Foundation on his 65th birthday to support social projects in Espelkamp.

Paul Gauselmann & family : FAQs

What is Paul Gauselmann's current net worth?

Paul Gauselmann's current net worth is $4.04 billion.

What is Paul Gauselmann's current global rank among billionaires?

Paul Gauselmann holds the 1041st position globally among billionaires.

What is Paul Gauselmann's current ranking within the Germany?

Paul Gauselmann holds the 67th position in Germany.

What was the change in Paul Gauselmann's net worth compared to the previous year?

Paul Gauselmann's net worth increased by 1.33 billion dollars compared to the previous year 2025, when his net worth was 2.71 billion dollars.

What are Paul Gauselmann's main sources of wealth?

Paul Gauselmann's main source of income comes from Gambling.

In which industry does Paul Gauselmann primarily operate?

Paul Gauselmann is primarily involved in the Gambling & Casinos industry.

How old is Paul Gauselmann?

Paul Gauselmann is 91 years old.

How many children does Paul Gauselmann have?

Paul Gauselmann has 4 children.

Who is Paul Gauselmann and what is he known for?

Paul Gauselmann, born on August 26, 1934, in Borghorst, Germany, is the founder and CEO of Gauselmann, a prominent German company that manufactures slot machines and operates gambling arcades. He is recognized for holding over 200 patented inventions and his essential role as the former chairman of the slot machine business association VDAI.

What are some significant honors and recognitions that Paul Gauselmann has received?

Paul Gauselmann has been honored with the Federal Cross of Merit (Knight's Cross) in 1993 and was appointed to receive the Officer's Cross in 2003. He has also been made an honorary citizen of Espelkamp and Lübecke, acknowledging his contributions and achievements.

How does the Gauselmann Foundation contribute to society and who initiated it?

The Gauselmann Foundation was initiated by Paul Gauselmann on his 65th birthday. It is dedicated to supporting social projects in Espelkamp and contributes to various organizations, including sports teams, medical foundations, and cultural landmarks, as part of its mission to give back to the community.

What is known about Paul Gauselmann's personal and family life?

Paul Gauselmann is married to Karin Gauselmann, a supervisory board member of Gauselmann AG. Together, they have four sons: Peter, Michael (Co-CEO of Gauselmann AG), Armin (board member of Gauselmann AG), and Karsten. Paul also has four older brothers named Heinz, Josef, Eugen, and Willi.

How many gaming machines does Gauselmann produce annually and what is Paul Gauselmann's role in the industry?

The company Gauselmann, founded by Paul Gauselmann, produces approximately 50,000 gaming machines each year. His role in the industry extends beyond his company as he was also the former chairman of the slot machine business association VDAI, demonstrating his influence and leadership in the field.