Georg Friedrich Wilhelm Schaeffler

Georg Friedrich Wilhelm Schaeffler is a German billionaire businessman, owner of 80% of the holding company INA Holding Schaeffler GmbH & Co. KG, which includes Schaeffler AG. His mother, Maria-Elisabeth Schaeffler, owns the other 20%. Both inherited their fortune from Schaeffler's father, Georg Schaeffler, who died in 1996. Schaeffler is the head of the supervisory board of Schaeffler Group and a member of the supervisory board of Continental AG. As of March 2020, Schaeffler was ranked by 'Forbes' as the 96th richest person in the world, with a net worth of $11.2 billion.