Billionaire Profile
Kommer Damen
Global Rank
#1325

Image: Public domain | via Wikimedia Commons

Kommer Damen

CEO, Damen Shipyards Group
NL
Real-Time Net Worth
$3B
As of December 2025
Age
81
Source
Shipbuilding
Industry
manufacturing
Citizenship
NL

Biography

Kommer Damen, born in 1944, is a Dutch billionaire and the Chairman of Damen Shipyards Group. His career began in 1967, taking over the family business in 1969, and transforming it into a global shipbuilding leader. Damen's source of wealth is Shipbuilding, with a current estimated net worth of $3.0 billion. Under his leadership, Damen Shipyards has built over 5,000 vessels, innovating with modular construction and standardized designs. His focus on efficiency and customer satisfaction has been key to the company's success. Damen has also focused on sustainability and is committed to providing sustainable solutions in ports, offshore wind energy, and passenger transport.

Wealth Over Time

In-Depth Profile

Early Life

Kommer Damen was born in 1944 in Hardinxveld-Giessendam, Netherlands. He grew up in a family with a long history in shipbuilding, as his father and uncle started building boats in 1922. Damen studied shipbuilding in Dordrecht. He took over the family business in 1969 after his father's passing.

Rise to Success

Kommer Damen joined the family business in 1967. He took over the company in 1969 and introduced modular construction and series production of standard designs to shorten delivery times and create flexible vessel configurations. Under his leadership, Damen Shipyards has grown into one of the world's largest shipbuilding companies. Damen's vision was to produce vessels in series for stock, allowing rapid access to proven technology.

Key Business Strategies

Damen's key business strategies include the focus on efficiency and customer satisfaction. He introduced modular construction and standardized designs to shorten delivery times and reduce production costs. Damen also expanded the company globally through acquisitions and building partnerships. Damen has a focus on sustainability, aiming to become the most sustainable maritime solution provider. Damen has operations in various markets, which makes it less vulnerable to sector-specific economic cycles and local instability.

Philanthropy

Information on Kommer Damen's specific philanthropy amounts or initiatives is not readily available in the search results.

Career Milestones

1967

Joined Damen Shipyards

Kommer Damen began working at the family business.

1969

Took over Damen Shipyards

Kommer Damen took over the company from his father.

1991

Acquired Amels

Damen Shipyards Group entered the world of yacht building with the acquisition of Amels.

2022

Lifetime Achievement Award

Kommer Damen received a Lifetime Achievement Award at the Dutch Maritime Awards Gala.

Business Philosophy & Leadership

Notable Quotes

""That you get rich is a side effect. My biggest drive has always been: to stay afloat, to survive. And that worked.""

Leadership Principles

Visionary Leadership

Kommer Damen transformed shipbuilding through modular construction and series production.

Innovation

He focused on efficiency and customer satisfaction.

Family Values

Damen's focus on family values has helped the company grow.