Austria has a well-developed social market economy. People of Austria enjoy a high standard of living. The nation has produced many billionaires.
Here is the top 10 richest people in Austria, ranked according to their Forbes net worth.
10) Hubert Palfinger & family – Net Worth: $817 Million
The eldest son of Richard Palfinger. Hubert led the family business into a new era in the 1960s, by specializing in truck-mounted loading cranes and hydraulic. He successfully expanded the company into international markets.
9) Max Turnauer – Net Worth: $1.1 Billion
This 78-year-old billionaire is the owner of Constantia Industries, an industrial holding company based in Vienna. The company was founded in 1969 by his father. Turnauer’s son is the CEO of Constantia Industries.
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