Renate Sick-Glaser
Overview
- Source of Wealth
- sensor technology
- Industry
- Technology
- Residence
Biography
Renate Sick-Glaser and her son, Sebastian Glaser, are majority shareholders of Sick AG, a world leader in sensor technology.
Her father, Erwin Sick, an optical engineer, founded the company in 1946, using earnings from selling radios he made himself to support his family.
After Erwin died in 1988, his wife Gisela became the company's primary shareholder and installed external managers.
Active globally with more than 50 subsidiaries, Sick AG now employs around 10,000 people and has annual sales exceeding $2 billion.
Used in factory, logistics and process automation, its technologies are used to measure, locate, inspect and identify.
About
Sick-Glaser trained as a physiotherapist. Together, she and her son Sebastian (listed separately as a billionaire) own almost 53% of Sick AG.
Together with her sister Waltraut, in 2013 she founded the Renate and Waltraut Sick Foundation to promote sports activities.