⬅ # 655 Tahir|# 657 Gordon Getty ➡

# 656 Dietmar Hopp 

$5.08B

Real Time Net Worth
as of 12/22/2024
$7.0M (0.14%)

# 656 Dietmar Hopp 

$5.08B

Real Time Net Worth
as of 12/22/2024
$7.0M (0.14%)
OccupationCofounder, SAP
Source of WealthSoftware
Age84
ResidenceWalldorf, Germany
Marital StatusMarried
Children2
EducationMS, University of Karlsruhe
Age-Adjusted Net Worth$1.00B
Dietmar Hopp
Dietmar Hopp
Germany
Net worth: $5.08B

Self-Made Score 

Rado Unisex Centrix Diamond Swiss Automatic Watch

Wealth History

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Biography

Overview

Dietmar Hopp, born on April 26, 1940, is a German software engineer and billionaire businessman.
He co-founded SAP SE in 1972 along with Hans Werner Hector, Klaus Tschira, Claus Wellenreuther, and Hasso Plattner, leaving IBM to do so.
Hopp served as co-CEO of SAP from 1988, the year of its IPO, until 1998, and then as chairman of the supervisory board until 2003.
In 1996, he donated most of his SAP shares to the Dietmar Hopp Stiftung, a charitable foundation.
Hopp is a significant investor in CureVac, a German biopharmaceutical company, alongside the Bill & Melinda Gates Foundation.

Early Life and Education

Hopp grew up in Hoffenheim, a small village in Baden Württemberg, Southern Germany.
His father, Emil Hopp, was a Truppführer in the Nazi Party and led the destruction of a synagogue during the Kristallnacht pogrom.
He studied telecommunications engineering in Karlsruhe, graduating in 1966.
Hopp began his career as a software developer and consultant at IBM.

Career at SAP

Hopp was CEO of SAP from 1988 to 1998 and chairman of its supervisory board from 1998 to 2003.
He retained about 10% of SAP's shares after stepping down from the board in 2005.
Hopp's investments extend to various minor companies, and his Dietmar Hopp Stiftung supports medicine, education, and other charitable causes.
He played a pivotal role in SAP's growth and development as a global enterprise software company.

Philanthropy and Investments

In 1996, Hopp transferred most of his SAP shares to the Dietmar Hopp Stiftung.
The foundation has contributed extensively to medicine, education, sports, and social programs, disbursing approximately $1 billion since its inception.
Hopp has invested significantly in CureVac, a German biopharmaceutical company, in collaboration with the Bill & Melinda Gates Foundation.
His philanthropic efforts primarily focus on the Rhine-Neckar metropolitan region.

TSG 1899 Hoffenheim

Hopp is the primary financial supporter of TSG 1899 Hoffenheim, a football club close to his childhood home.
He invested heavily in the club after a significant loss in 1990, propelling it from lower tiers to Germany's top division.
Hopp financed the construction of the Rhein-Neckar-Arena, a 30,000-seat stadium near Sinsheim, with €100 million.
Critics have labeled the club as 'plastic' due to its reliance on Hopp's financial backing, leading to controversies and verbal attacks against him.

Personal Life

Hopp is married to Anneliese Zeuner and they have two sons.
They reside in Walldorf, Germany.

Dietmar Hopp's Wealth is Equivalent to:

3,914,550 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

962,157 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

51,970 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Dietmar Hopp?

If you started with $10,000 and invested an additional $500 each month at a 42.82% CAGR, it would take you 5 years to reach Dietmar Hopp's net worth of $5.08B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 67.72% compared to 25.94% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Dietmar Hopp is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Dietmar Hopp, Software is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey