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Billionaire Profile
Ulrich Mommert & family
Global Rank
#2566

Image: Public domain | via Wikimedia Commons

Ulrich Mommert & family

CEO, ZKW Group
AT
Real-Time Net Worth
$1.4B
As of December 2025
Age
84
Source
Lighting
Industry
automotive
Citizenship
AT

Biography

Ulrich Mommert, at 84 years old, is a self-made billionaire primarily known for his success in the lighting and automotive industries. With a current net worth of $1.4 billion, Mommert has climbed the ranks to become a prominent figure in the global financial landscape, ranking at #2566 worldwide and #7 in Austria. His wealth stems from his strategic leadership, particularly in the automotive lighting sector. Mommert's career highlights include acquiring and revitalizing the ZKW Group, transforming it into a global leader in automotive lighting. Beyond business, Mommert has a passion for horse racing, owning a racing team and a trotting track.

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Ulrich Mommert's early life and education is limited in the search results. However, it is known that he was born on January 11, 1941.

Rise to Success

Ulrich Mommert's career took a significant turn in 1982 when he acquired the Austrian lighting company ZKW, which was then facing financial difficulties. He steered the company towards the automotive lighting sector, focusing on high-end clients such as BMW, Mercedes, Porsche, and Audi. Under his leadership, ZKW transformed into a global player in automotive lighting technology. In 2018, Mommert sold ZKW to the South Korean firm LG for approximately $1.2 billion.

Key Business Strategies

Mommert's key business strategy involved identifying and capitalizing on opportunities within the automotive industry. By focusing on lighting technology for premium car brands, he positioned ZKW for success. His ability to turn a struggling company into a global leader underscores his strategic acumen.

Philanthropy

Information about Ulrich Mommert's specific philanthropic activities and amounts is not readily available in the search results. However, it's known that he has shown a dedication to the German and Berlin trotting sport, supporting the preservation of the Trabrennbahn Mariendorf.

Career Milestones

1982

Acquired ZKW

Took over the Austrian lighting company ZKW, which was then on the brink of bankruptcy.

2018

Sold ZKW to LG

Sold ZKW to South Korean firm LG for $1.2 billion.

Philanthropy & Social Impact

Sports

Support of Trabrennbahn Mariendorf

Unknown

Supported the preservation of the Trabrennbahn Mariendorf.