⬅ # 435 Wu Jianshu|# 437 Wang Liping ➡

# 436 Johann Graf 

$6.98B

Real Time Net Worth
as of 12/22/2024
$368 (0.00%)

# 436 Johann Graf 

$6.98B

Real Time Net Worth
as of 12/22/2024
$368 (0.00%)
OccupationFounder, Novomatic
Source of WealthGambling
Age77
ResidenceVienna, Austria
Marital StatusDivorced
Children3
Age-Adjusted Net Worth$2.21B
Johann Graf
Johann Graf
Austria
Net worth: $6.98B

Self-Made Score 

Longines Heritage Flagship Automatic Silver Dial Brown Leather Men's Watch

Wealth History

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Biography

Early Life

Johann Graf was born on January 3, 1946, in Austria, and grew up in Vienna.
Raised by his grandparents in a small flat without running water.
He apprenticed as a butcher during his early career.
Graf was expected to take over his family's butcher shop.
Started his professional career importing American pinball machines to Austria via Belgium.
Later became an agent for a British slot machine company.

Career and Business Ventures

Founded Gerhard Brodnik the Brodnik & Graf GmbH in 1974, importing Belgian pinball machines.
The company set up machines in brothels, cafes, and pubs.
In 1980, he founded Novomatic, initially focusing on importing and distributing gaming devices.
Novomatic quickly expanded into Switzerland and later into Eastern Europe after the fall of the Iron Curtain.
Today, Novomatic Group operates casinos worldwide and exports gaming devices to over 70 countries.
The company operates in around 1,200 sports betting and gaming venues and has more than 20,000 employees.

Personal Life and Wealth

Johann Graf is divorced and has three children.
He resides in Baden near Vienna.
Graf has a passion for vintage cars and owns approximately 120, mostly Jaguars.
One of his children serves as Novomatic AG's Chief Technology Officer.

Johann Graf's Wealth is Equivalent to:

5,373,364 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,320,719 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

71,337 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Johann Graf?

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 Johann Graf's net worth of $6.98B.

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

Johann Graf 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 Johann Graf, Gambling 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey