#2425
Ulrich Mommert & family
Overview
- Source of Wealth
- Lighting
- Industry
- Automotive
- Residence
- Berlin
Biography
Ulrich Mommert took over Austrian lighting company ZKW In 1982, when it was on the brink of bankruptcy.
He refocused ZKW on lighting technology for high-end automobiles, with clients such as BMW, Mercedes, Porsche and Audi.
In 2018 Mommert sold the company to South Korean firm LG for $1.2 billion.
Mommert owns a horse racing team and a trotting track in Berlin-Mariendorf.
About
He used to be an amateur horse racer, and won more than 160 races; he is believed to own around 100 horses.