Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

#182 Dietmar Hopp $7.98B

Random fact: Played for Bundesliga's Hoffenheim youth team as a boy.

Overview

Hopp is one of five founders of SAP, the world's third-largest independent software manufacturer. He owns more than 5 percent of the Walldorf, Germany-based company, which had revenue of 22 billion euros ($25 billion) in 2016. He invests in biotechnology startups, as well as soccer, field hockey and handball teams.

As of July 20, 2017:
Last change +$79.4M (+1.0%)
YTD change +$1.48B (+22.7%)
Industry Technology
Biggest asset SAP GY Equity
Citizenship Germany
Age 77
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Dietmar Hopp's net worth of $7.98B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Hopp's fortune comes from his 5 percent interest in SAP, the world's third-largest independent software manufacturer, according to its website. He controls his stake in the Walldorf, Germany-based company through DH Besitzgsellschaft and the Dietmar Hopp Stiftung, a limited liability company with a charitable purpose.

Hopp co-founded SAP in 1972 with four partners, including billionaire Hasso Plattner, and the late Klaus Tschira. Hopp owns 5.3 percent of the company's stock, according to the 2016 annual report.

The billionaire invests in biotech startups through investment fund Dievini Hopp Biotech. Three of the companies -- Cosmo Pharmaceuticals, Sygnis and Wilex -- are traded publicly and their value to him calculated using the fund's shareholdings reported in the annual reports of each company. The remaining investments are valued at cost as of May 2017, according to information from the company.

Hopp has invested in three sports teams: the TSG 1899 Hoffenheim soccer club, the Adler Mannheim hockey team and the Rhine-Neckar Lowen handball team. The teams are valued at his investment cost.

The Dietmar Hopp Stiftung was established in 1995 to support sports, medicine, education, youth and other community projects in the Rhine-Neckar region of Germany, where Hopp is from. The foundation has donated about 500 million euros ($560 million) to charitable causes, according to its website in September 2016.

The value of his cash investments is based on an analysis of dividend income, insider transactions, taxes, asset sales and acquisitions, charitable contributions and market performance.

Hopp declined to comment on his net worth.

Biography

Birthdate: 4/26/1940
Family: Married, 2 children
Education: 1965, Bachelor's Degree, Communications, Technical University of Karlsruhe

Dietmar Hopp was born April 26, 1940, in Heidelberg, Germany. After graduating in 1959 from the local high school in Sinsheim, a town in Germany's southwestern Rhine-Neckar region, he joined the military. After a year of service, he enrolled at Karlsruhe University, where -- just like a fellow alumnus and future colleague, Hasso Plattner -- he studied computer science.

Upon completing his graduate degree in engineering, he joined IBM as a systems consultant. He quit IBM in 1972, and with four fellow defectors, co-founded SAP. The group was motivated in part by their former employer's rejection of their suggestion to create financial software packages for businesses. Today, the company is one of the world's largest makers of enterprise software.

Hopp served as the company's chief executive officer from 1988 until 1997, a role which saw him responsible for product development and distribution, management and public and press relations. After his stint as CEO, he served as chairman of the board from 1998 until 2003. He has not had a direct role at the company since May 2005, when he resigned from the board.

Since retiring, Hopp has devoted much of his time to philanthropy and his investments in biotech and sports. Through his investment fund, Dievini, he has invested in 16 startups focused on therapeutics and diagnostics. An avid tennis player, golfer and former soccer player, he owns a soccer club, a hockey team, a handball team and is the founder of the Golf Club St. Leon-Rot.

He founded the Dietmar Hopp Stiftung in 1995, a charitable foundation focused on supporting youth sports, medicine, education, social affairs and education in the Rhine-Neckar region of Germany. As of March 2012, it had donated about $400 million to charity. Hopp, who still lives in the Rhine-Neckar area, is married with two sons.

Milestones
  • 1965 Receives engineering degree from Karlsruhe University.
  • 1972 Co-founds SAP with fellow ex-IBM employees.
  • 1977 SAP begins computer installations for customers outside Germany.
  • 1988 SAP issues shares in an inital public offering.
  • 1989 Becomes chief executive officer of SAP.
  • 1995 Founds charitable foundation, Dietmar Hopp Stiftung.
  • 1998 Announces decision to resign from SAP's executive board.
  • 2014 SAP buys Concur Technologies for $8.3 billion.