Top 9 Richest Men In Austria According To Forbes (2025)

Austria might be globally famous for its alpine landscapes, classical music heritage, and historical cities, but in the world of high finance and billionaires, it’s home to some of Europe’s wealthiest individuals. Many of these tycoons have built empires that stretch far beyond the country’s borders — dominating sectors from energy drinks and real estate to gambling, engineering, and luxury goods.

According to Forbes’ latest rankings, here’s a breakdown of the Top 9 richest men in Austria in 2025, their net worth, industries, and the fascinating stories behind their fortunes.

1. Mark Mateschitz – $40.6 Billion

Age: 32
Source of Wealth: Red Bull
Industry: Food & Beverage

Mark Mateschitz is not only the richest man in Austria but also one of the youngest billionaires in the world. As the only son of the late Dietrich Mateschitz — the co-founder of Red Bull — Mark inherited a 49% stake in the global energy drink empire in 2022 after his father’s passing.

Red Bull is more than just a beverage company; it’s a marketing powerhouse that has transformed itself into a sports and lifestyle brand. From sponsoring extreme sports to owning Formula 1 teams like Red Bull Racing and Scuderia AlphaTauri, the brand commands global recognition.

At just 32, Mark Mateschitz has been careful to step back from daily operations, focusing on his role as a major shareholder. His low public profile contrasts with the global dominance of his company, whose annual sales surpass 11 billion cans worldwide.

2. Georg Stumpf – $10.8 Billion

Age: 52
Source of Wealth: Real estate, construction
Industry: Diversified

Georg Stumpf made his fortune through Stumpf Group, a diversified holding company with investments in real estate, construction, and technology. His rise to wealth began with large-scale property developments in Vienna and expanded internationally.

Stumpf’s portfolio includes luxury hotels, shopping complexes, and commercial office buildings across Europe. He has also invested in renewable energy projects and high-tech ventures, signaling a forward-thinking approach to wealth building.

Though not as internationally famous as some billionaires on this list, Stumpf is known in Austrian business circles for his sharp negotiation skills and strategic partnerships.

3. Johann Graf – $9.9 Billion

Age: 78
Source of Wealth: Gambling
Industry: Gambling & Casinos

Johann Graf is the founder of Novomatic Group, one of the largest gaming technology companies in the world. Novomatic manufactures slot machines, electronic casino equipment, and sports betting solutions, operating in over 50 countries.

Graf’s journey is a classic rags-to-riches story. Born into modest circumstances, he initially worked as a butcher before venturing into importing pinball machines in the 1970s. From there, he pivoted into the casino and gaming machine business — and the rest is history.

His business acumen transformed Novomatic into a global leader in gaming technology, with billions in annual revenue.

4. Helmut Sohmen – $4.9 Billion

Age: 85
Source of Wealth: Shipping
Industry: Logistics

Helmut Sohmen is a prominent figure in the global shipping industry. Though born in Austria, much of his career success came in Asia, particularly Hong Kong. He took over BW Group, one of the world’s largest shipping companies, from his father-in-law Sir Yue-Kong Pao.

BW Group operates a massive fleet of tankers, gas carriers, and offshore vessels. Sohmen played a critical role in expanding the company’s reach and securing its place in the international energy transportation market.

Despite being semi-retired, Sohmen remains influential in maritime trade and philanthropy.

5. Reinold Geiger – $3.4 Billion

Age: 77
Source of Wealth: Beauty products
Industry: Fashion & Retail

Reinold Geiger is best known as the man who transformed L’Occitane en Provence, a small French skincare brand, into a global luxury beauty powerhouse. Although the brand’s roots are in France, Geiger’s Austrian heritage and leadership have been central to its worldwide expansion.

Under his guidance, L’Occitane grew from a single boutique to over 3,000 stores across 90 countries. Known for its Provence-inspired skincare and cosmetics, the company went public on the Hong Kong Stock Exchange in 2010.

Geiger’s strategy combines sustainability, storytelling, and luxury branding — a formula that continues to pay off.

6. Wolfgang Leitner – $2.8 Billion

Age: 72
Source of Wealth: Engineering
Industry: Construction & Engineering

Wolfgang Leitner is the CEO and major shareholder of Andritz AG, a multinational engineering company headquartered in Graz, Austria. Andritz specializes in industrial machinery for hydropower plants, pulp and paper production, and metal processing.

Under Leitner’s leadership, Andritz expanded globally, operating in over 40 countries and becoming a leader in industrial equipment manufacturing. His engineering background and business acumen have been key to driving growth and innovation.

7. Toto Wolff – $1.8 Billion

Age: 53
Source of Wealth: Sports (Formula 1)
Industry: Sports

If you follow Formula 1, the name Toto Wolff needs no introduction. As the team principal and CEO of Mercedes-AMG Petronas Formula One Team, Wolff has been instrumental in the team’s dominant run in the sport.

Beyond racing, Wolff is a savvy investor with stakes in Mercedes-Benz Grand Prix Ltd and other motorsport-related ventures. His combination of competitive spirit and business strategy has made him one of the most influential figures in global motorsports.

8. Ulrich Mommert & Family – $1.3 Billion

Age: 84
Source of Wealth: Lighting
Industry: Automotive

Ulrich Mommert built his fortune through ZKW Group, a leading supplier of automotive lighting systems. The company produces advanced headlights, LED technology, and lighting electronics for major car manufacturers like BMW and Audi.

In 2018, Mommert sold the majority stake in ZKW to South Korea’s LG Electronics, but he and his family retained a significant share of the wealth generated from the deal.

9. Michael Tojner – $1.1 Billion

Age: 59
Source of Wealth: Batteries, investments
Industry: Manufacturing

Michael Tojner is an entrepreneur and investor with interests in battery technology, real estate, and industrial manufacturing. He is the majority owner of Varta AG, a German-based battery manufacturer that supplies products for hearing aids, electronics, and electric vehicles.

Tojner also has investments in real estate development and private equity, showcasing a diverse and modern billionaire portfolio.

Final Thoughts – Austria’s Billionaire Landscape

Austria’s billionaire list is a mix of inherited wealth and self-made fortunes. While Mark Mateschitz’s fortune comes from inheriting one of the world’s most iconic brands, others like Johann Graf and Michael Tojner built their empires from scratch.

Their industries are equally diverse — from energy drinks and beauty products to engineering, gambling, and motorsports. This diversity reflects Austria’s position as both a hub of traditional European wealth and a player in cutting-edge global markets.