Billionaire Profile
Jurgen Wirtgen
Global Rank
#1292

Image: Public domain | via Wikimedia Commons

Jurgen Wirtgen

CEO, Wirtgen Group
DE
Real-Time Net Worth
$3.1B
As of December 2025
Age
60
Source
Construction Vehicles
Industry
construction-engineering
Citizenship
DE

Biography

Jurgen Wirtgen, at 60 years old, is a German billionaire renowned for his wealth derived from construction vehicles. Along with his brother, Stefan Wirtgen, he inherited the family business, Wirtgen Group, founded by their father, Reinhard Wirtgen. The Wirtgen Group, a leader in road construction and maintenance machinery, was sold to John Deere in 2017 for $5.2 billion. Post-sale, the brothers established Wirtgen Invest, a family office managing investments in various sectors. Jurgen Wirtgen's career showcases the successful continuation and expansion of a family legacy in the construction equipment industry, demonstrating strategic business acumen and a commitment to innovation and customer satisfaction, leading to significant wealth and global recognition. He currently resides in Neustadt, Germany.

Wealth Over Time

In-Depth Profile

Early Life

Jurgen Wirtgen was born in Germany and, along with his brother, Stefan Wirtgen, inherited the family business, Wirtgen Group. The Wirtgen Group was founded in 1961 by their father, Reinhard Wirtgen.

Rise to Success

The Wirtgen Group became a major player in the construction industry, specializing in the development and production of machinery for road construction and maintenance. The company expanded internationally with local manufacturing plants and a vast distribution network. In 2017, the Wirtgen Group was sold to John Deere for $5.2 billion. After the sale, Jurgen and his brother created Wirtgen Invest, a family office with interests in various sectors including energy, real estate, healthcare, consumer goods, and finance. Wirtgen Invest has made numerous investments.

Key Business Strategies

The Wirtgen Group's success was built on a clear focus on cutting-edge factories, ongoing innovation, real customer proximity in sales and support, and a highly motivated team. The company expanded its product portfolio and introduced new technologies. Jurgen and his brother have continued to manage their wealth through Wirtgen Invest, focusing on strategic investments across multiple sectors.

Philanthropy

Jurgen Wirtgen, through Wirtgen Invest, has been involved in philanthropic activities. The Jurgen Wirtgen Stiftung and Stefan Wirtgen Stiftung were founded in 2020 and are primarily involved in local and regional projects in Germany. These foundations support initiatives in poverty reduction, emergency aid, education, and sports.

Career Milestones

1997

Took over Management

Jurgen and Stefan Wirtgen took over the management of the Wirtgen Group.

2017

Sold Wirtgen Group

The Wirtgen Group was sold to John Deere for $5.2 billion.

2017

Founded Wirtgen Invest

Established a family office focused on investments in various sectors.

Philanthropy & Social Impact

Poverty Reduction

Housing First

Unknown

Support for homeless people through the Wirtgen Stiftungen.

Community Development

Regional Projects

Unknown

Support for local and regional projects in Germany.

Emergency Aid

Ukraine Aid

Unknown

Assistance for those affected by the conflict in Ukraine, including medical care.

Disaster Relief

Flood Relief

Unknown

Financial aid for communities affected by the 2021 floods in the Ahr Valley.