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Hasso Plattner Wiki, Biography, Age, Family, Height, Net Worth, Fast Facts

Hasso Plattner Wiki, Biography

Hasso Plattner (born 21 January 1944) is a German businessman. A co-founder of SAP SE software company, he has been chairman of the supervisory board of SAP SE since May 2003. As of August 2020, Forbes reported that he possessed a net worth of US$17.9 billion.

Plattner was born to German ophthalmologist Horst Plattner (1918–2001) and his wife shortly before the end of the Second World War, in Berlin. He grew up in Bavaria.

Plattner set up SAP with four co-founders in 1972. He stepped down as co-chief executive in 2003 at age 60. He has since been serving as chairman of the company’s supervisory board and played an influential role in the company’s governance, orchestrating the hiring of co-CEOs Jennifer Morgan and Christian Klein in 2019. He has reduced his stake in SAP several times; as of 2020, he owned a 5.89% stake, making him the company’s largest individual shareholder.

In 1998, Plattner founded the non-profit Hasso Plattner Institute (HPI). He is Chair of Enterprise Platform and Integration Concepts and Professor of Enterprise Systems at HPI.

In 2005, Plattner set up his own venture capital fund, Hasso Plattner Ventures, with more than 25 million euros. By December 2009, HPV managed €150 million and had 17 companies in its portfolio, including online cruise portals Dreamlines. An affiliate fund, HPV Africa in Cape Town, was founded in 2008, with €29 million, and soon invested in five companies. Plattner provides the lion’s share of this investment capital. In September 2010, HPV invested $6 million in Israeli software company Panaya in exchange for the company’s stakes.

Full NameHasso Plattner
Net Worth$10.8 Billion
Date Of BirthJanuary 21, 1944
Place Of BirthBerlin, Germany
ProfessionChairman of SAP
SpouseSabine Plattner
ParentsHorst Plattner

Since his retirement from SAP, Plattner has been particularly active as a benefactor in the field of technological research. Media reports have named him one of Germany’s most important private sponsors of scientific research. In 1998, Plattner founded the Hasso Plattner Institute for software systems engineering based at the University of Potsdam, and in Palo Alto, California, its sole source of funding being the non-profit Hasso Plattner Foundation for Software Systems Engineering.

Plattner has pledged €50 million of his personal fortune over a period of 20 years. Since its foundation, Plattner’s commitment to the HPI has quadrupled to over €200 million. He not only fully finances the HPI, but is also actively involved as a director and lecturer in Enterprise Platforms and Integration Concepts.

In October 2005, with a donation of US$35 million, Plattner founded the Hasso Plattner Institute of Design at Stanford University. Students of varying disciplines have been charged with the development of user-friendly innovations. Another of Plattner’s pledges to promote science was of €10 million to redevelop the library at the University of Mannheim, Germany, given in 2003.

On 21 January 2004, at a ceremony at the Hasso Plattner Institute celebrating the 60th birthday of its founder, German Chancellor Gerhard Schröder made the following comments on Plattner’s achievements: “We need more Hasso Plattners and more SAPs in order to get Germany moving again economically.” According to the Chancellor, Plattner created an international corporation proving “that German companies can be at the top of the technological hierarchy worldwide”. In an interview in August 2004, the Munich-based management consultant Roland Berger named Hasso Plattner as one of the five Germans who have made the greatest impression on him. In the Welt am Sonntag article Berger pointed out how Plattner founded, built up and adapted SAP to a changing market was a “master achievement”.

Plattner received his honorary doctorate in 2002, and his honorary professorship in 2004 from the University of Potsdam. He had also received an honorary doctorate (1990) and an honorary professorship in Information Systems (1994) from the Saarland University, Saarbrücken. The same university named him an honorary senator in 1998.

He is married, has two children, and lives in Potsdam, Germany.

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