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World Top Billionaires

#1118 Anton Kathrein, Jr.

$1.7 Billion

Gender
:

Male

Age
:

30

Source
:

antennas

Residence
:

Rosenheim, Germany

Marital Status
:

Married

Children
:

2

Citizenship
:

Germany

Description :

A pioneer in automotive antennas in the 20th century, Kathrein-Werke -- Anton Kathrein, Jr. is the third generation to lead the company -- has become a key player in mobile communications as service providers have expanded their networks to accommodate rapid growth in data traffic and users. With revenue of more than $1.6 billion in 2013, it makes the cables, antennas and receivers that allow cell phone signals to bounce across the world. The company -- which also manufactures radio and TV broadcast antennas, satellite and terrestrial reception systems and equipment for high-speed multimedia transmission by cable TV operators -- was founded by Kathrein's grandfather in a cellar in Rosenheim, Germany, shortly after World War I. His father ran the company from 1972 until his unexpected death in 2012, which forced a young Anton, who was only 28 years old at the time, to take the lead.