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Billionaire Profile
Maria-Elisabeth Schaeffler-Thumann
Global Rank
#970

Maria-Elisabeth Schaeffler-Thumann

CEO, Auto parts
Herzogenaurach, Germany
Real-Time Net Worth
$4.51B
Estimated based on Auto parts stock value as of September 10, 2026
-0.82% (24h)
Age
84
Source
Auto parts
Industry
Automotive
Citizenship
Germany

Biography

Maria-Elisabeth Schaeffler-Thumann, born in Prague in 1941, is a prominent German businesswoman known for her significant role in the automotive industry. She is the co-owner of the Schaeffler Group, a global leader in manufacturing precision bearings and automotive components. After marrying Dr. Georg Schaeffler in 1963, she became involved with the family business and, after his death in 1996, took over leadership, driving strategic expansions and acquisitions that solidified the Schaeffler Group's position as a major player in the automotive sector. With a net worth of $5.1 billion, she is recognized for her resilience, leadership, and commitment to the company's long-term success.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$4.51B
2025$5.20B
2024$5.10B

Portfolio Holdings

Schaeffler Group

Schaeffler Group

SHA.DE•Automotive
Ownership
79.2%
Revenue
$19.5B
Herzogenaurach, Germany
120,000 (2023) employees
Founded 1946
Continental AG

Continental AG

CON.DE•Automotive
Ownership
46%

In-Depth Profile

Early Life

Maria-Elisabeth Schaeffler-Thumann was born Maria-Elisabeth Kurssa on August 17, 1941, in Prague. Her family was later forced to flee Prague after World War II. She was raised in Vienna, Austria, where she completed her secondary education.

Rise to Success

In 1963, she married Dr. Georg Schaeffler and relocated to Herzogenaurach, Germany, where she began her journey with the Schaeffler Group. After her husband's death in 1996, she took over the family business, demonstrating exceptional leadership. Under her guidance, the company expanded through strategic acquisitions, including INA, LuK, and FAG, transforming the Schaeffler Group into a global leader in rolling bearings. A key moment was the 2008 acquisition of Continental AG, which significantly impacted the company's trajectory.

Key Business Strategies

Maria-Elisabeth Schaeffler-Thumann focused on long-term strategies and responsible corporate development, including substantial investment in research and development. The Schaeffler Group has expanded its global footprint with production facilities and R&D centers in 22 countries, reflecting her commitment to sustainable growth.

Philanthropy

Maria-Elisabeth is known for her philanthropic endeavors, supporting various charitable organizations and social causes. In 2021, the Schaeffler Foundation was created with an initial endowment of €3 million to focus on climate, environmental protection, and social welfare.

Career Milestones

1963

Married Georg Schaeffler

Began her involvement with the Schaeffler Group.

1996

Took over leadership of the Schaeffler Group

Following her husband's death.

1999-2001

Led acquisitions of LuK and FAG

Expanded the Schaeffler Group's portfolio and market position.

2008

Acquired a significant stake in Continental AG

A major strategic move that impacted the company's wealth.

2010

Stepped down as Chairwoman of the Advisory Board

Continued as Deputy Chairwoman of the Supervisory Board.

2023

Retired from the Supervisory Board of Schaeffler AG

Ended her active leadership role in the company.

Philanthropy & Social Impact

Environmental and Social

Schaeffler Foundation

$0

Created in 2021 with a focus on climate and environmental protection, and social welfare.

Business Philosophy & Leadership

Notable Quotes

"It is often said that family businesses think in the long term. This is definitely true for Schaeffler. In addition to economic success, roots and values are important to us."

Leadership Principles

Long-term thinking

Focusing on sustainable growth and the future of the company.

Family values

Maintaining a strong family atmosphere within the company.

Civic responsibility

Combining entrepreneurial freedom with social responsibility.

Billionaires Connected to Maria-Elisabeth Schaeffler-Thumann

Peers in Automotive

All Automotive billionaires →

Richest in Germany

All billionaires from Germany →

Adjacent Global Ranks

Full global ranking →

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Frequently Asked Questions

What is Maria-Elisabeth Schaeffler-Thumann's net worth in 2026?
As of 2026, Maria-Elisabeth Schaeffler-Thumann's estimated net worth is $4.511 billion, ranking #970 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Maria-Elisabeth Schaeffler-Thumann make their money?
Maria-Elisabeth Schaeffler-Thumann's wealth primarily comes from Auto parts, most notably through Auto parts.
Where is Maria-Elisabeth Schaeffler-Thumann from?
Maria-Elisabeth Schaeffler-Thumann is from Germany.
How old is Maria-Elisabeth Schaeffler-Thumann?
Maria-Elisabeth Schaeffler-Thumann is 84 years old.