$2 Billion         |         Rank #1292

Who is Peter Unger

In 2002, he sold 72% of the company for $900 million. Two years later, he sold his remaining stake for $360 million.
Residing in Bavaria, Unger now invests in listed companies, startups and both residential and commercial real estate throughout Germany.
Investments include food hygiene company aquagroup, a bike center focused on electric bicycles, and sensor technology startup Tacerion. Coming from an average or middle class family, Peter Unger is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1292 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 77.0 years old. As of today, Peter Unger’s net worth is approximately 2 Billion.

Facts about Peter Unger

To find out what is Peter Unger Net Worth, how he got there and what is Peter Unger Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Peter Unger

Peter Unger was born on 20-08-44 in Germany. In 2013, A.T.U. was in such a bad state that owner KKR sold it to private investment firm Centerbridge Partners for just one euro. In Berlin, where he also has commercial real estate, Unger has either purchased or invested in the construction of thousands of apartments with partner Groth Gruppe. Being raised in the same country, Peter Unger spent most of his time in nan in the city of Neustadt an der Waldnaab.

Peter Unger net worth is estimated at 2 Billion Billion to date.

Professional Journey

You will see him often in social media.  From a single location opened in 1985, Peter Unger built his namesake auto parts and repair outfit Auto-Teile-Unger (A.T.U.) into a nationwide chain. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In 2013, A.T.U. was in such a bad state that owner KKR sold it to private investment firm Centerbridge Partners for just one euro. In his youth, he was adventurous but unknown, but that was years ago. In 2002, he sold 72% of the company for $900 million. Two years later, he sold his remaining stake for $360 million.
Residing in Bavaria, Unger now invests in listed companies, startups and both residential and commercial real estate throughout Germany.
Investments include food hygiene company aquagroup, a bike center focused on electric bicycles, and sensor technology startup Tacerion. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. From a single location opened in 1985, Peter Unger built his namesake auto parts and repair outfit Auto-Teile-Unger (A.T.U.) into a nationwide chain.
It is to be noted that Peter Unger is one of the selfmade billionaires in the world and stands at 1292 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Peter Unger:

How much is Peter Unger worth?

Peter Unger’s net worth is estimated to be 2 Billion.

How old is Peter Unger?

Peter Unger was born on 20-08-44, and is currently 77.0 years old.

What is Peter Unger source of income?

Peter Unger acquires most part of his wealth from auto repair.
 

Concluding Peter Unger Net Worth

Currently with a net worth of 2 Billion, Peter Unger stands at 1292 in the world billionaires list. And draws most of his wealth from auto repair. Hope you like this information about Peter Unger. If you like this, then please share it with your friends. This above post is all about the estimated worth of Peter Unger. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Peter Unger. Actual worth may vary a little. You can always get information by checking out Leaktown.com.