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Grizzly Bulls’ Billionaires Index

⬅ # 633 Ira Rennert|# 635 Andrew Currie ➡

# 634 Martin Haefner 

$5.23B

Real Time Net Worth
as of 5/17/2024
$6.3M (0.12%)

# 634 Martin Haefner 

$5.23B

Real Time Net Worth
as of 5/17/2024
$6.3M (0.12%)
OccupationPartial Owner, Swiss Steal; Partial Owner, AMAG
Source of WealthSoftware, Investments
Age70
ResidenceZurich, Switzerland
Marital StatusMarried
Age-Adjusted Net Worth$2.66B
Martin Haefner
Martin Haefner
Switzerland
Net worth: $5.23B

Self-Made Score 

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.

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 44.01% CAGR, it would take you 5 years to reach Martin Haefner's net worth of $5.23B.

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 40.45% compared to 10.08% for the S&P 500 benchmark.

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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.

Edited by: Lee Bailey