⬅ # 118 Diane Hendricks|# 120 Philip Anschutz

# 119 Hasso Plattner 

$16.1B

Real Time Net Worth
as of 4/16/2024
-$49.4M (-0.31%)

# 119 Hasso Plattner 

$16.1B

Real Time Net Worth
as of 4/16/2024
-$49.4M (-0.31%)
OccupationFounder, SAP SE
Source of WealthSoftware
Age80
ResidenceHeidelberg, Germany
Marital StatusMarried
Children2
EducationMS, University of Karlsruhe
Age-Adjusted Net Worth$4.15B
Hasso Plattner
Hasso Plattner
Germany
Net worth: $16.1B

Self-Made Score 

Wealth History

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Biography

Hasso Plattner was born on January 21, 1944, in Berlin, Germany, to ophthalmologist Horst Plattner and his wife, growing up in Bavaria.
In 1972, Plattner co-founded the German enterprise software company SAP, leaving IBM with four colleagues.
Serving as co-CEO until 2003, he continued as SAP's supervisory board chairman, influencing the governance and overseeing key leadership appointments.
Plattner has been the largest individual shareholder, owning a 5.89% stake in SAP as of 2020.
In 1998, he established the Hasso Plattner Institute (HPI), a non-profit focusing on IT systems engineering research and education.
Under Plattner's guidance, HPI created Design Thinking schools at the University of Potsdam, Stanford University, and the University of Cape Town.
He founded the venture capital fund Hasso Plattner Ventures in 2005, investing in various companies, including online cruise portals like Dreamlines.
Plattner is a passionate sailor, with his yacht maxZ86 setting a record at the Transpacific Yacht Race in 2005.
He is an avid golfer, owning the Fancourt Golf Estate and CordeValle Golf Club, and invested in San Jose Sports & Entertainment Enterprises, which owns the San Jose Sharks.
Plattner signed The Giving Pledge in 2013, focusing on HIV/AIDS prevention, youth care, education, and conservation in Africa.
His philanthropic efforts include a €6 million donation for HIV/AIDS prevention and treatment programs.
Plattner contributed €20 million for the reconstruction of the Stadtschloss in Potsdam and co-founded the Wildenstein Plattner Institute for art historical scholarship.
He established the Hasso Plattner Foundation in 2015, supporting education, art, culture, and conservation.
Plattner actively funds technological research through the Hasso Plattner Institute and has donated €50 million over 20 years.
In 2005, he founded the Hasso Plattner Institute of Design at Stanford University with a donation of US$35 million.
Recognized for his achievements, Plattner received honorary doctorates, professorships, and awards, including the GABA Lifetime Achievement Award in 2015.
Plattner is married, has two children, and resides in Heidelberg, Germany.

How long would it take you to become as rich as Hasso Plattner?

If you started with $10,000 and invested an additional $500 each month at a 44.18% CAGR, it would take you 5 years to reach Hasso Plattner's net worth of $16.1B.

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 36.27% compared to 8.51% for the S&P 500 benchmark.

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Hasso Plattner 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 Hasso Plattner, 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