⬅ # 652 Timur Turlov|# 654 Gigi Pritzker ➡

# 653 Martin Haefner 

$5.12B

Real Time Net Worth
as of 11/18/2024
-$386.7k (-0.01%)

# 653 Martin Haefner 

$5.12B

Real Time Net Worth
as of 11/18/2024
-$386.7k (-0.01%)
OccupationPartial Owner, Swiss Steal; Partial Owner, AMAG
Source of WealthSoftware, Investments
Age70
ResidenceZurich, Switzerland
Marital StatusMarried
Age-Adjusted Net Worth$2.60B
Martin Haefner
Martin Haefner
Switzerland
Net worth: $5.12B

Self-Made Score 

Ternos Automatic Illuminated Analog Display with GMT Dual Time

Wealth History

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Biography

Overview

Martin Haefner, born in 1954, is a Swiss billionaire who primarily amassed his wealth through his former stake in IT management software maker CA Technologies, which was acquired by Broadcom in 2018.
He is also known for his inheritance of significant stakes in car dealer AMAG and ownership of the Bellerive Hotel in Lausanne, Switzerland.

Early Life

Martin Walter Haefner was born in 1954 as the son of Walter Haefner.
His father, Walter Haefner, was a Swiss businessman and a notable figure in thoroughbred horse racing.
Walter Haefner was involved in the auto industry early in his career, working for General Motors Corporation in Switzerland before venturing into car dealerships.
Recognizing the potential of computers, Walter Haefner imported an IBM system for business use in 1957 and later founded Automation Center A.G., a computer services company in Zürich, in 1964.

Inheritance and Business Ventures

In 2012, Martin Haefner inherited half of his father's stake in CA Technologies, which was valued at $4.3 billion at the time of Walter Haefner's death.
He also inherited part of AMAG, a Swiss automobile importer dealing with brands like Volkswagen, Audi, and Porsche.
Following his father's passing, Martin Haefner assumed control of AMAG, becoming its sole owner.
In 2018, Martin bought out his sister's stake in AMAG, consolidating his ownership of the company.
Through the sale of their stake in CA Technologies, Martin Haefner and his sister acquired funds for additional investments.

Career and Investments

Martin Haefner initially pursued a career in education, studying mathematics at ETH Zurich and working as a high-school teacher.
At the age of 50, he took over the management of AMAG, the family-owned importer of Volkswagen, Audi, Skoda, and SEAT cars in Switzerland.
Haefner diversified his investments, becoming the main shareholder of Schmolz + Bickenbach, a steel producer with international operations.
He also co-owns the prestigious Bellerive Hotel in Lausanne, Switzerland, with his sister.
Throughout his career, Haefner has made strategic investments, leveraging the proceeds from the sale of CA Technologies to expand his business interests.

Martin Haefner's Wealth is Equivalent to:

3,939,954 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

968,401 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

52,307 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Martin Haefner?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Martin Haefner's net worth of $5.12B.

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 58.67% compared to 23.91% for the S&P 500 benchmark.

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

Martin Haefner 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 Martin Haefner, Software and Investments are the primary sources. 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