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Grizzly Bulls’ Billionaires Index

⬅ # 728 Reed Hastings|# 730 Hong Ra-hee ➡

# 729 Georg Nemetschek 

$4.37B

Real Time Net Worth
as of 7/25/2024
$15.8M (0.36%)

# 729 Georg Nemetschek 

$4.37B

Real Time Net Worth
as of 7/25/2024
$15.8M (0.36%)
OccupationFounder and Deputy Chair, Nemetschek Group
Source of WealthSoftware
Age90
ResidenceMunich, Germany
Marital StatusWidowed
Children2
Age-Adjusted Net Worth$574.60M
Georg Nemetschek
Georg Nemetschek
Germany
Net worth: $4.37B

Self-Made Score 

Wealth History

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Biography

Overview

Georg Nemetschek is the billionaire founder and deputy chairman of Nemetschek Group, a leading software company serving the architecture, engineering, and construction industries.
He began utilizing design software in his engineering office in the late 1960s, pioneering computer-aided design long before personal computers became widespread.
Nemetschek Group, which went public in 1999, has expanded globally, with over 3,000 employees and users in 142 countries.
The company's software, used by approximately six million users, has diversified into 3D animation and motion design, making inroads into the media industry.
In 2020, Georg Nemetschek established the Nemetschek Innovation Foundation to advance scientific research and artificial intelligence applications in the construction sector.

Early Years

Founded Ingenieurbüro für das Bauwesen in 1963, focusing on structural design and early adoption of computer technology.
Introduced Statik 97/77 for civil engineering in 1977, pioneering computer-aided engineering on microcomputers.
Presented integrated calculation and design software for solid construction at the Hanover Fair in 1980, a groundbreaking development for the industry.
Launched Allplan, a CAD system for architects and engineers, in 1984, facilitating three-dimensional building modeling.
Expanded internationally in the 1980s, establishing subsidiaries and development sites across Europe.
Went public as Nemetschek AG in 1999, listing on the Prime Standard market segment and the TecDAX in Frankfurt.

Expansion and Acquisitions

Acquired Friedrich + Lochner at the end of the 1990s, marking the beginning of a series of strategic acquisitions.
In 2000, acquired Diehl Graphsoft (now Vectorworks) and Maxon Computer GmbH, diversifying into visualization and animation software.
Expanded further in 2006 with acquisitions of Graphisoft and SCIA International, strengthening its global presence.
Continued acquisitions, including Data Design System in 2013, Bluebeam Software in 2014, and Solibri in 2015, broadening its product portfolio.
Transitioned to Nemetschek SE in 2016, signaling a new phase of growth and diversification.
Further acquisitions followed, such as SDS/2, dRofus, RISA, MCS Solutions, Axxerion B.V., and Plandatis, enhancing its capabilities across different segments.

Operational Structure

Since 2008, Nemetschek has operated as a holding company with four business units: Planning & Design, Build & Construct, Manage & Operate, and Media & Entertainment.
Maintains 13 product brands covering the entire building lifecycle, from planning and construction to operations and media.
Actively advocates for open building information modeling (BIM) standards through participation in industry organizations like BuildingSMART e.V. and the Deutsche Gesellschaft für Nachhaltiges Bauen (DGNB).
Listed in the MDAX since September 2018, in addition to its TecDAX listing, reflecting its significant market presence and influence.
Emphasizes innovation and sustainability, reflected in initiatives such as the Nemetschek Innovation Foundation and support for open BIM standards.

How long would it take you to become as rich as Georg Nemetschek?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Georg Nemetschek's net worth of $4.37B.

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 52.22% compared to 16.62% for the S&P 500 benchmark.

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

Georg Nemetschek 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 Georg Nemetschek, 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.

Edited by: Lee Bailey