10 Most Successful Entrepreneurs of 2016

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2. Heinz Hermann Thiele

Company – Knorr-Bremse Group & Vossloh AG
2016 earnings – $7.5 billion
Wealth increase – 117.1%

If a saying “Doing business is a lot like a playing chess” is true, that makes our number two in the list of most successful entrepreneurs of 2016, a hell of a player since he managed to double his wealth in just a year. Seems like the years of experience, legal knowledge, and indigenous mind are finally paying back. For years he was the chairman of two successful companies, Knorr-Bremse and Vossloh, and that’s why this Munich industrialist is one of the world’s leading producers of railway braking systems as well as commercial vehicles and equipment. Although this 74-year announced his withdrawal from the current position, early in 2016, he is still in the business, at least when it comes to his other company Vossloh AG.

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