Siegfried Meister net worth Wiki, Height, Biography, Wife, Children And Early Life
Siegfried Meister net worth
Siegfried Meister Net Worth: Siegfried Meister is a German businessman with a net worth of $2.4 billion. Sigfried Meister is the founder of Rational AG, a German manufacturer of industrial steamers and ovens for catering and commercial kitchens. Meister has been Chairman of the Supervisory Board of Rational AG since December 1998.
Siegfried Meister is a qualified electrical engineer with an early career in management in several large and medium-sized companies, with an interest in electronics, controls and kitchen technology. Siegfried Meister founded Rational AG in 1973 and currently owns 63% of the public company. Meister’s stock has grown significantly over the past year, and his net worth has reportedly increased by hundreds of millions of dollars. The company currently holds a 54% share of the market for hot food preparation equipment such as ovens, steamers and grills in professional kitchens. Rational AG’s clients include chefs Gordon Ramsay and Paul Bocuses as well as companies such as KFC and Hilton Hotels. Subsidiaries have since been established around the world, including the UK (1991), France (1992), Japan (1992), the US (1993), Italy (1998), Scandinavia (1998), Switzerland (1999) , Canada (1999), Spain (2000), Russia (2003), Austria (2005), Poland (2005), China (2007), Greece (2007), Middle East (2007), Ukraine (2007), Brazil (2009) and India (2010), Mexico (2012). Rational AG is headquartered in Landsberg an der Lech, Germany. It has been a constituent of the MDAX index since March 4, 2009.