Siegfried Meister (17 October 1938 – 28 July 2017) was a German billionaire businessman, founder and 63% owner of

Rational AG Rational AG is a German manufacturer and retailer of commercial and industrial kitchen equipment for thermal food preparation. The company is based in Landsberg am Lech, Germany, and was founded by Siegfried Meister in 1973. It operates worldwide ...

Early life

Meister was born in 1938. He trained as an electrical engineer.

Career

In 1973, he founded Rational AG, which rose to success as a result of the popularity of the combination steamer, which he helped to develop. He owned 63.7% of Rational. In March 2017, ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' estimated his net worth at US$3.8 billion.

Personal life

He was married to Gabriella Meister, and they lived in

Landsberg am Lech Landsberg am Lech (Landsberg at the Lech (river), Lech) is a Town#Germany, town in southwest Bavaria, Germany, about 65 kilometers west of Munich and 35 kilometers south of Augsburg. It is the capital of the district of Landsberg (district), Lands ...

, Germany. He died on 28 July 2017.

References

{{DEFAULTSORT:Meister, Siegfried 1938 births 2017 deaths German billionaires People from Landsberg am Lech German electrical engineers German company founders 20th-century German businesspeople 21st-century German businesspeople Engineers from Bavaria