Michael Stoschek Net Worth 2018; Family, Business and Car Collection

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Net Worth: $4.8 billion
Age: 70
Full name: Michael Stoschek
Born: 11 December, 1947
Country of Origin: United States of America
Occupation: Entrepreneur
Last Updated: 2018

 

How much do you know about the German Billionaire Michael Stoschek? Is Michael Stoschek the richest man in Germany? How does Michael Stoschek make his money? What is Michael Stoschek’s net worth in 2018?

How many more questions do you have about the German billionaire?

Thewealthcircle.com presents – Michael Stoschek’s net worth and all you need to know about the German born business mogul, Michael Stoschek.

How Michael Stoschek Became a Billionaire

Michael Stoschek is an Heir and the grandson of a German Automotive owner, Max Broose.

His Grandfather founded the world renowned automotive firm – ‘Brose Fahrzeugteile GmbH & Co. KG’.

The automotive company is a family business currently managed by Micheal Stoschek.

Brose Fahrzeugteile Gmbh & Co. Kg

Brose Fahrzeugteile is an automotive company founded 110 years ago by a local German engineer, Max Broose.

The Company founded on March 4, 1908 in Berlin, Germany started as a small outlet that fabricated automotive parts like – Vehicle doors, seats etc.

The firm initially worked solely with German companies in the automotive industry.

The Company was later passed on to the 2nd generation of the Broose Empire.

The 2nd generation maintained the blueprint of the founder before the company was bequeathed to Michael Stoschek, the 3rd generation in 1971 at the early age of 23

Michael Stoschek is an Entrepreneur with great vision.

Michael Stoschek giving a speech
Michael Stoschek giving a speech

He pushed frontiers to establish the family company as a force in the international market.

The company specializes in automotive parts that are invisible to drivers like – electrical and mechanical components and integrated systems.

The Headquarters of the company BROSE FAHRZEUGTEILE GMBH & CO. KG is located at Coburg, Germany.

As at 2017, the company has 60 locations in 23 countries of the world with 25,000 employees.

In 2005 Michael Stoschek stepped down as the chairman of the automotive company to assume the head of Broose Group.

Kurt Sauernheimer is currently the CEO of Brose Fahrzeugteile GMBH & co. Kg.

The Company generates revenue in the region of $6.5billion annually.

Michael Stoschek Net Worth 2018

Michael Stoschek headed the Broose automotive company for more 40 years and is currently the highest share holder of the multinational company.

The Broose Group also includes a basketball franchise – Brose Bamberg Basketball.

Michael Stoschek is chairman of the Broose group, the German made is wealth from the family company – The Broose group.

It is safe to say, Michael Stoschek is estimated to have a net worth of $4.8 billion as at 2018.

Michael Stoschek net worth is mind blowing for a man who aspired to be a photographer as a teen.

What is Michael Stoschek’s Age?

The German business mogul will be 71 years old as of December 2018.

MICHAEL STOSCHEK FAMILY

Michael Stoschek is married to Gabriele Stoschek and the couple is blessed with a son – Max Stoschek and a daughter – Julia Stoschek.

Who is Michael Stoschek’s Son?

Maximilian Stoschek is the son of the German automotive mogul Michael Stoschek and great-grand son of Max Broose.

Maximilian was born on 4th August, 1978 in Germany. Max is an heir to the broose empire and he is currently a board member of the company.

Max is also a shareholder of the Broose Company and he is estimated by Forbes to have a net worth of $1.4billion

A few years ago, Max entered a similar but different market from the family’s automotive business.

He  initially partnered with DC Aviation to enter the helicopter flight market.

Max currently makes his fortune from both his share in the family automotive company and his partnership with DC Aviation.

Who is Michael Stoschek’s daughter?

Julia Stochek is the daughter of Michael Stoschek. Julia was born on 10 June 1975.

She is popularly known in her country Germany for her inclination to Arts. Julia has a penchant for Art Collection. She is an Art Collector.

Julia once said that she had loved Art from her childhood. As you may guess, most of Julia’s Art collections are from reputable European and American artists.

Julia started purchasing art works from 2003 and her interest include a wide range of art.

The 43 year old billionaire daughter buys art-work made from the ‘60s onwards.

Julia has an Art Gallery in Germany where her collections are displayed for commercial purposes.

Her collection consists of a wide range of art to 2D drawings to videos. In addition, her Gallery also features multi-media installations.

In 2007, The Billionaire’s daughter launched her Art Galleria in ‘Düsseldorf-Oberkassel’.

The building is large and spacious for exhibition of Julia’s Art collections.

Michael Stoschek Strastos

Lancia Stratos is a luxury sports car built in the early ‘70s.

In 2010, the billionaire businessman Michael Stoschek struck a deal with a car manufacturing company, Pininfarina to make him an improved version of Stratos based on the design of Ferrari F430.

Initially, the idea was to make just one stratos called the ‘New Stratos’ for Stoschek. The car was manufactured and displayed to the public.

The new stratos attracted praise and admirers. Even The Ferrari Company showered The New stratos with praise.

Giving the praise and admiration the New Stratos enjoyed, Pininfarina made a few more Stratos for commercial purposes.

The New Stratos suddenly became popular in the market at the expense of the parent Ferrari F430.

Ferrari experienced a down turn in sales of it cars and withdrew support for Pininfarina.

As expected, marketers and other automotive companies affiliated to Ferrari also withdrew support for Pininfarina, leading to the untimely demise of stratos.

However, in 2018, Paolo Garella of Manifattura Automobili Torino (MAT) made an announcement to the delight of car collectors that he would build a limited number of the New Stratos.

Paolo Garella worked with Pininfarina on the project of the new stratos. He is a renowned auto-maker.

Paolo Garella is currently working on The Michael Stoschek Stratos.

Specifications about the luxury sports car are being kept secret.

Fans of the New Stratos hope the new stratos project by MAT is as good as the former stratos or even an improvement from the former stratos.

This concludes the article about Michael Stoschek net worth and all you need to know about The German born billionaire business mogul.

Michael Stoschek’s Car Collection

Michael Stoschek has an undying love for cars and this is evident in his collection.

The lancia stratos
The lancia stratos

Having served as the chairman of his car company, this desire isn’t difficult to trace.

Michael’s collection includes a Lamborghini, Aston martin, his own Lancia stratus and a host of other vehicles.

 

Conclusion

Michael remains a fulfilled man and he doesn’t plan on letting anything deter his drive.

For latest news on celebrity net worth and other happenings, we’re sure to keep you up to date.

 

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