Otto Happel

Otto Happel

Otto Happel (#1049)

Global Rank #1049
Country Rank #66
Country Germany

Otto Happel is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 4 B
  • Engineering
  • Germany
  • M
  • 78 Years

Snapshot

Quick Facts

Global Rank #1,049
Country Rank #66
Net Worth $4.1B
Previous Worth $4.1B
Worth Change +$0.0B
Country Germany
Industry Engineering
Age 78 Years
Gender M
Worth As Of May 4, 2026
Residence Luzerne, Switzerland
Citizenship Germany

Profile Data

Personal Stats

Age 78
Source Of Wealth Engineering
Residence Luzerne, Switzerland
Citizenship Germany
Marital Status Married
Children 6
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $4.1B
Current Net Worth $4.1B

Worth as of May 4, 2026

About Me

Otto Happel, who studied engineering, inherited his father's dust-removal business and turned it into thermal engineering firm GEA. In 1999, he sold his 50.1% GEA stake to Germany's MG Technologies for around $775 million in cash and kept a 10% interest in the combined group. In 2005, the company renamed itself GEA Group. Happel cashed out in 2006, selling his remaining stake to institutional investors for $700 million. In 2015, he attended the World Economic Forum in his role as chairman of the Swiss private wealth management firm Luserve AG.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Otto Happel.

#1044
Billionaires (2026)

Insights

Did You Know?

A foundation in his name supports projects in the developing world.

He has a super-yacht named Hetairos and lives in Switzerland with his wife and six children.

Wealth Growth

Net Worth Growth Over Time

Tracking Otto Happel's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $4.1B (May 4, 2026)