Age, Biography and Wiki

Klaus Hommels was born on 17 February, 1967 in Switzerland, is a Founder. Discover Klaus Hommels's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 56 years old?

Popular As N/A
Occupation Venture capitalist
Age 57 years old
Zodiac Sign Aquarius
Born 17 February 1967
Birthday 17 February
Birthplace N/A
Nationality Switzerland

We recommend you to check the complete list of Famous People born on 17 February. He is a member of famous Founder with the age 57 years old group.

Klaus Hommels Height, Weight & Measurements

At 57 years old, Klaus Hommels height not available right now. We will update Klaus Hommels's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Klaus Hommels Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Klaus Hommels worth at the age of 57 years old? Klaus Hommels’s income source is mostly from being a successful Founder. He is from Switzerland. We have estimated Klaus Hommels's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Founder

Klaus Hommels Social Network

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Timeline

2021

In 2021 Lakestar became the first European venture fund to launch a special purpose investment vehicle, totalling $332M.

2019

In 2019, Forbes recognised Hommels as 46th on the Global Midas list and 5th on the Midas List Europe.

2018

The success of Lakestar led to its founder being recognized by Forbes for his track record, when the publication listed Hommels in the third position on its Midas Touch List in 2018. Further analysis of the list demonstrated London's importance on venture capital, with 17 of the 25 from the Midas list based in London. Later that year, it was announced that the latest Lakestar fund would total $700 million.

2017

Hommels has been a vocal supporter of the European start-up and technology sectors. In a 2017 discussion with CNBC, he argued start-ups in Europe need supportive policy and regulation in order to be competitive on a global scale. He cited the tech industry in China as an example, noting the Made in China 2025 plan which supports local high tech industries in the country. He also spoke about the gap between US and European tech companies and what could be done to bridge it, referring to the problem as a "trade deficit." He also had a similar interview with BusinessInsider, where he spoke about the strength of European-based startups. In 2019, Hommels was vocal about the lack of investment in startups throughout Germany, stating that he believed the culture needed to shift to operate more like the United States.

In 2017, Forbes recognised Hommels on its first-ever Midas Touch list, where he was listed in third position.

2013

In 2013, Lakestar announced the launch of its first institutional fund, Lakestar I, with a total commitment of €150 million. Lakestar I went onto make investments in various European-based start-ups. This included participating in a $27 million funding round for Omio, formerly GoEuro.

2012

Following this early success, Hommels set up his own venture capital firm, now known as Lakestar. Since 2012 Lakestar has built a reputation as one of the best venture capital firms in Europe for its high return on investment. The venture capital's first seed fund recorded a 70% internal rate of return from its investments. The firm has capitalized on this success and has continued to raise funds to invest predominantly in European tech start-ups.

2011

He also invested in Skype and exited the position when it was acquired by Microsoft in May 2011 for $8.5 billion.

2009

In 2009, it was announced that Hommels had made an investment in the startup, Spotify. As part of the announcement, he also became a member of its board. He was an early-stage investor in the company, with the valuation of around £20-£30 million.

2007

Hommels has invested in a number of major startups and also had many notable exits. Prior to Lakestar, Hommels was an early investor in a number of tech startups. One of his first major investments was in the German-social media startup, Xing. According to a BusinessInsider report, it was the first social media company to IPO globally. In 2007, Hommels exited his position with QXL.com, which was sold for £946 million. He also invested in Spotify in 2009.

2006

At the height of the dotcom bubble burst, he began to invest as a private investor in technology startups. During this period, he invested in a number of notable startups at an early stage. This included the likes of Facebook. In 2006, after six years as a private investor, Hommels joined Benchmark Capital, now Balderton Capital, as a Venture Partner in London. After a year with Benchmark, he founded Hommels Holding, resuming his private investing in technology and Internet-based businesses.

Klaus Hommels was elected as Europe's most successful Entrepreneurial Private Investor in 2006 by the leading European business schools IESE, INSEAD, and the University of St. Gallen.

1995

After graduating, he worked as a Managing Director in business development, content and advertising for AOL. He started the role in 1995 and was based in Germany. He left the position after four years in 1999 to join Apax Partners. Hommels worked as a Director for the private equity firm in Munich.