Georg Stumpf: Difference between revisions
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</ref> Stumpf senior built the [[Wiener Stadthalle]] and the [[ORF (broadcaster)|ORF]] Center Küniglberg together with the architect [[Roland Rainer]].<ref>{{cite web |url=https://www.kleinezeitung.at/wirtschaft/6327725/Reichste-Oesterreicher_Forbes_Noch-mehr-DollarMilliardaere-in |title=Forbes: Noch mehr Dollar-Milliardäre in Österreich |date=5 October 2023 |publisher=kleinezeitung.at |access-date=20 March 2024}}</ref><ref>{{cite web |url=https://www.news.at/a/bau-unternehmer-georg-stumpf-84-lebensjahr-80479 |title=Bau-Unternehmer Georg Stumpf senior im 84. Lebensjahr verstorben |date=28 April 2004 |publisher=news.at |access-date=20 March 2024}}</ref> |
</ref> Stumpf senior built the [[Wiener Stadthalle]] and the [[ORF (broadcaster)|ORF]] Center Küniglberg together with the architect [[Roland Rainer]].<ref>{{cite web |url=https://www.kleinezeitung.at/wirtschaft/6327725/Reichste-Oesterreicher_Forbes_Noch-mehr-DollarMilliardaere-in |title=Forbes: Noch mehr Dollar-Milliardäre in Österreich |date=5 October 2023 |publisher=kleinezeitung.at |access-date=20 March 2024}}</ref><ref>{{cite web |url=https://www.news.at/a/bau-unternehmer-georg-stumpf-84-lebensjahr-80479 |title=Bau-Unternehmer Georg Stumpf senior im 84. Lebensjahr verstorben |date=28 April 2004 |publisher=news.at |access-date=20 March 2024}}</ref> |
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Georg Stumpf Jr. attended the [[Höhere Technische Lehranstalt|HTL]] in [[Vienna]], from which he graduated. From 1991 to 1993 he studied business administration at the [[Vienna University of Economics and Business]], graduating with a master's degree.<ref>{{cite web |url=https://www.businessinsider.com/28-universities-that-have-produced-the-most-european-billionaires-2017-8#8-vienna-university-of-economics-and-business-administration-austria-3-billionaires-2 |title=The 28 universities that have produced the most European billionaires |author=Bobbie Edsor |date=25 August 2017 |publisher=businessinsider.com |access-date=20 March 2024}}</ref> |
Georg Stumpf Jr. attended the [[Höhere Technische Lehranstalt|HTL]] in [[Vienna]], from which he graduated. From 1991 to 1993 he studied business administration at the [[Vienna University of Economics and Business]], graduating with a master's degree.<ref>{{cite web |url=https://www.businessinsider.com/28-universities-that-have-produced-the-most-european-billionaires-2017-8#8-vienna-university-of-economics-and-business-administration-austria-3-billionaires-2 |title=The 28 universities that have produced the most European billionaires |author=Bobbie Edsor |date=25 August 2017 |publisher=businessinsider.com |access-date=20 March 2024}}</ref> At the same time he studied law, but did not finish his degree because he was missing one exam.<ref>{{cite web |url=https://www.trend.at/personen/georg-stumpf |title=Georg Stumpf, Turmbauer und milliardenschwerer Investor [PORTRÄT] |author=Peter Sempelmann |date=6 July 2023 |publisher=trend.at |access-date=20 March 2024}}</ref> |
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== Career == |
== Career == |
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Revision as of 13:57, 20 March 2024
Georg Stumpf | |
|---|---|
| Born | 29 March 1972 |
| Nationality | Austrian |
Georg Stumpf (born 14 September 1972) is an Austrian builder and real estate investor. In 1994, he founded the Stumpf Group.[1]
Early life
He was born in the family of Georg Stumpf senior (1920-2004), a wealthy entrepreneur and friend of the former Federal Chancellor Franz Vranitzky.[2] Stumpf senior built the Wiener Stadthalle and the ORF Center Küniglberg together with the architect Roland Rainer.[3][4]
Georg Stumpf Jr. attended the HTL in Vienna, from which he graduated. From 1991 to 1993 he studied business administration at the Vienna University of Economics and Business, graduating with a master's degree.[5] At the same time he studied law, but did not finish his degree because he was missing one exam.[6]
Career
Later his father gave Georg Stumpf Jr. a start-up of 1 million shillings. With the support of the banking consortium consisting of Creditanstalt and a Commerzbank subsidiary, Stumpf invested in building the Millennium Tower in Vienna. In 2003, the tower was sold to German fund MCP for 145 million euros. The Millennium Tower is the highest building in Vienna (202 meters). However, while building it, Stumpf disregarded a number of rules. Initially, the authorities allowed the tower to be only 140 meters high; however, they had to agree to the final version of the project once it was over. Moreover, Stumpf wrested huge price reductions from the construction companies with the promise not to make any deductions due to possible construction defects at the final inspection.[7][8][9]
Together with two other Austrian entrepreneurs, Mirko Kovats and Ronny Pecik, in 2005, they purchased the majority of the OC Oerlikon industrial group in Switzerland. Later they also joined forces with the Russian oligarch Viktor Vekselberg to buy other companies and reorganize the industrial group in Switzerland. After the collapse of the Oerlikon due to the financial crisis of 2007–2008, Stumpf received the Exyte group.[10]
In his spare time, Stumpf enjoys playing golf, and he even won several junior championship titles in Austria.[9]
Georg Stumpf made the 2022 Forbes Billionaires List with an estimated wealth of $8.1 billion and occupied the 288th position.[1]
References
- ^ a b "Georg Stumpf". Forbes. Retrieved 2022-04-19.
- ^ "Construction entrepreneur Georg Stumpf senior died at the age of 84" (in German). News, Austria. 2004-04-28. Retrieved 2022-04-19.
- ^ "Forbes: Noch mehr Dollar-Milliardäre in Österreich". kleinezeitung.at. 5 October 2023. Retrieved 20 March 2024.
- ^ "Bau-Unternehmer Georg Stumpf senior im 84. Lebensjahr verstorben". news.at. 28 April 2004. Retrieved 20 March 2024.
- ^ Bobbie Edsor (25 August 2017). "The 28 universities that have produced the most European billionaires". businessinsider.com. Retrieved 20 March 2024.
- ^ Peter Sempelmann (6 July 2023). "Georg Stumpf, Turmbauer und milliardenschwerer Investor [PORTRÄT]". trend.at. Retrieved 20 March 2024.
- ^ "Das sind die reichsten Österreicher: die Liste". Kurier. 2020-06-18. Retrieved 2022-04-19.
- ^ "Grüne orten Günstlingswidmung". Wiener Zeitung. 2003-01-15. Retrieved 2022-04-19.
- ^ a b "Turmbauer zu Wien - und zu Oerlikon". Neue Bücher Zeitung. 2006-09-10. Retrieved 2022-04-19.
- ^ Thomas Werres (2017-12-12). "Ein Ex-Dax-Chef, ein rätselhafter Milliardär und das ewige deutsche Industrie-Talent". Manager Magazin. Retrieved 2022-04-19.
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