Lars Windhorst net worth 2023

• Capital: € 500 million
• Age: 43
• Born: 11/21/1976
• Country of origin: Germany
• Source of wealth: Entrepreneurs
• Last updated: 2023

Short introduction

Lars Windhorst is an entrepreneur from Germany and co-founding father of the Sapinda Group. In 2015 his internet really well worth become predicted at £ 320m. He based his first teenage organization and filed for financial ruin in 2003 due to the dot-com bubble. The following year, Windhorst based the Sapinda institution. After the restructuring, Sapinda Holding BV, based in 2009, is the determine organization of the institution. Windhorst is its non-government chairman.

In December 2007, rapidly after Christmas, Windhorst become significantly injured in a aircraft crash in Kazakhstan. One of the pilots died while the Bombardier Challenger 604 ran into a wall, got here off the runway in Almaty and exploded.

Early life

At the age of 14, Windhorst, the son of a nearby stationery dealer, became the own circle of relatives storage in his domestic city of Rahden right into a makeshift pc lab. He mobilized his classmates to assist him construct PCs that he later bought in his father`s save even as seeking out providers of character additives in China.

He based his first organization at faculty in 1993. Since he become a minor, his mother and father helped him control his operations with the aid of using signing contracts on his behalf and riding him to work. Windhorst have become referred to as one of the maximum a success younger marketers in Germany. As a toddler prodigy, he and Bill Gates have been invited to tour to Asia with former German Chancellor Helmut Kohl as a part of the reliable authorities delegation. On this trip, Windhorst made global enterprise contacts.

Career

In October 1993, Windhorst based his first organization, the Chinese businessman Ming Rong Zhang, Windhorst Electronics GmbH. The sports of Windhorst Electronics GmbH first of all focused on the import and change of digital additives and pc components from Asia in addition to the sale of IT merchandise for the duration of Germany and Europe. Just 12 months after the organization become based, Windhorst Electronics accomplished income of eighty million euros with a complete of eighty employees.

In 1995 Windhorst moved to Hong Kong and based a organization to perform the institution in Asia. The Windhorst Group multiplied its enterprise as a buying and selling and funding organization withinside the fields of electronics, industry, change, actual property and finance till 1996. The organization had workplaces and workplaces in Europe and Asia, which include mainland China and Vietnam.

In 2000, Windhorst based Windhorst New Technologies AG with a focal point on investments withinside the regions of the Internet and new technologies. In 2002, Windhorst New Technologies AG become to be indexed at the Frankfurt inventory exchange. With the outbreak of the financial disaster, the institution were given into problems and needed to report for financial ruin in 2003.

In 2004, Lars Windhorst co-based the Sapinda Investment Group, which coordinates financing with its subsidiary Anoa Capital to fund public, non-public and start-up agencies. In round 5 years, Sapinda has made investments really well worth extra than 2 billion euros. During the worldwide monetary disaster, the institution and particularly the German Vatas Holding GmbH suffered widespread losses. As a end result of the worldwide monetary disaster in 2008, the organization started out restructuring talks withinside the 2d 1/2 of of the year. in January 2009, the companions needed to report for financial ruin with their German subsidiary, Vatas.

In April 2009 all enterprise sports have been restructured and Sapinda Holding BV become based from the brand new determine organization of the institution. The institution now has workplaces in numerous nations and employs a group of extra than eighty human beings worldwide. Sapinda Holding BV combines investments in agriculture and meals processing, mining / uncooked materials, oil and fueloline manufacturing and invests in public and personal agencies. It additionally has investments in technology, media and actual property. In February 2018, Sapinda received the luxurious emblem La Perla.

Career highlights

Lars Windhorst based Amatheon Agri collectively with Carl Heinrich Bruhn to permit Sapinda Holding BV to come to be concerned withinside the African agricultural sector, in step with the German information mag Der Spiegel. Windhorst stated in an interview that the Sapinda enterprise prepared investments of round EUR 3.five billion among 2009 and 2012, which include loans for agencies together with Air Berlin and Infineon. Sapinda`s companions consist of Roland Berger, a control representative whose advisory board is headed with the aid of using Hubertus von Grünberg, who’s additionally the chairman of the Swiss institution ABB Ltd. is.

Windhorst filed for financial ruin in summer time season 2007. According to an editorial withinside the German information mag Focus on September 3, 2007, the lawsuit filed with the aid of using his not unusualplace creditor Ulrich Marseille become rejected with the aid of using the Federal Court of Justice in August. this means that that Windhorst`s money owed were paid.

In 2009, the Berlin public prosecutor charged Windhorst with fraud, breach of consider, embezzlement and numerous financial ruin crimes. Windhorst`s breach of consider blanketed the switch of EUR 800,000 to one in all his opportunity accounts. Prosecutors agreed to drop the fraud prices if he fined € 1 million, reimbursed his alleged victim, and admitted infidelity after a agreement of appeals. In a intending began out on December 18, 2009, the intending become discontinued and the quantity repaid.