Fritz Draexlmaier

$1.75B

as of 10/04/24

About Fritz Draexlmaier

Fritz Draexlmaier's eponymous auto parts maker counts among its customers Audi, BMW, Cadillac, Land Rover, Maserati, Mercedes-Benz, Porsche and Tesla.

Founded by his parents, Draexlmaier Group began in 1958 with an order for wiring harnesses for the Goggomobil, a microcar produced by Hans Glas GmbH.

A company speciality, wiring harnesses run throughout the entire vehicle connecting electrical components and relaying data and electrical power.

It has diversified into the manufacture of electronic components, consoles, door and instrument panels and exclusive interiors for specific model

Although he stepped down as CEO in early 2019, Fritz continues to serve as chairman and shareholder representative.

Personal stats

Citizenship

Germany

Source of wealth

Auto parts

Residence

Landshut, Germany

Self-made

inherited and growing