Key Takeaways
- Hasso Plattner is a co-founder of SAP, one of the largest enterprise software companies in the world.
- He has a net worth of $15 billion, making him one of the wealthiest individuals in Germany.
- Plattner is a philanthropist, entrepreneur, and investor in the IT sector and sports industries.
- He owns the San Jose Sharks, SAP Center, and the sailing yacht Visione.
- Through the Plattner Foundation, he supports health and education initiatives globally.
Who is Hasso Plattner?
Hasso Plattner is the co-founder of software company SAP. He was born in January 1944. He is married to Sabine and has 2 children. He is one of the richest men in Germany and the owner of the yacht Visione.
SAP Software
SAP is an enterprise software company, based in Germany. It was founded by Plattner and four other German engineers. Initially working on a scientific data software program at IBM, they decided to continue on their own after IBM canceled the project, forming Systems, Applications & Products in Data Processing, also known as SAP.
SAP now generates annual sales of $25 billion, with a net income of $5 billion and a workforce of 89,000 employees. Plattner serves as the Chairman of the Supervisory Board.
H Plattner Ventures
Through H Plattner Ventures, Plattner invests in fast-growing, information technology-driven companies in Europe and the USA. The venture capital fund supports young entrepreneurs in the IT sector.
The portfolio includes companies such as Vera (data security), Reflektion (online shopping optimization), and Facton (enterprise product costing software).
Sport Investments
Plattner is an active investor in sports and facilities. He owns the San Jose Sharks hockey team and the SAP Center in San Jose.
Additionally, he owns the Fancourt Golf Estate in South Africa. He is also an avid sailor, frequently using his yacht Visione.
Philanthropy
Hasso and his wife Sabine Plattner are active philanthropists through their Plattner Foundation, which supports health and education initiatives.
They have pledged most of their wealth to charity through the Giving Pledge. The H Plattner Institute, part of the University of Potsdam, offers education in IT Systems Engineering. He also donated $35 million to establish the HP Institute of Design at Stanford University.
How Much is Hasso Plattner Net Worth?
Hasso Plattner’s net worth is estimated to be $15 billion. He owns approximately 7% of SAP shares. In recent years, Plattner has sold portions of his shares, including a $400 million stake in 2017 and $150 million in 2012.
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