|Bourgeois name:||Frank Thelen|
|Date of birth:||10 October 1975 (age 43)|
|Place of birth:||Bonn, Germany|
|Place of residence:||Bonn, Germany|
|Marital status:||married (with Nathalie Thelen)|
|Job:||Entrepreneur, investor, author|
|Investment company:||Freigeist Capital GmbH (e42)|
How much money does Frank Thelen have?
Considering all available sources, Frank Thelen’s estimated net worth in 2019 is around 15 million euros. To date, there is no official information, but he describes his financial situation with the following words: “I have enough private assets, that’s enough forever.”
His annual income is estimated at around 500,000 to 1,000,000 euros. It is a mere estimate.
How does Frank Thelen’s fortune come about?
Frank Thelen has already started many companies in the past and is also active as an investor. He always pursues the goal of building up the company to where it can be sold at a profit (also known as “exit”). The proceeds will then be used to build other businesses. Of course, things don’t always work perfectly at Thelen either: his app startup “doo” was an innovation and even received awards, but user growth was limited. In return, he achieved another breakthrough with the innovative “Scanbot” app.
With his investment company “Freigeist” (e42) and business partners Alex Koch, Marcel Vogler and Christian Reber, the following companies have already been successfully sold at a profit:
2004: Ip.lab (sold to Fujifilm)
2010: Wunderlist (sold to Microsoft)
2010: MyTaxi (sold to Daimlar)
2010: KaufDa (sold to Bonial)
2012: Goalunited (sold to Travian)
2017: zenshopping (sold to shop.co)
Frank Thelen also has active interests in the following companies: Scanbot, Neufund, Lizza, Central, Unfade, zenshopping, Hole19, 42reports, doo, my toy box, Von Floerke, Lilium Aviation, Ankerkraut, iTravel, Fittaste, Luicella’s Ice Cream, Outback, Pumperlgsund, 3Bears, GoLeyGo, Crispy Wallet, Calligraphy Cut, Frittenlove, and food.
Career: This is how Frank Thelen became successful
Frank Thelen was born on October 10, 1975, in Bonn, Germany. He first attended the Bad Godesberg grammar school, from which he flew due to his poor academic performance. He then graduated from Carl-Schurz-Realschule in Bonn. According to his own statements, his youth was shaped by snowboarding and skateboarding. In some interviews, he said that it taught him to get up when lying on the ground.
At the age of 18, he founded his first company “Softer Solutions GmbH” in 1994, which provided innovative software for high-end CD-ROMs production. In 1996 “Softer Solutions” merged with “Pro PC,” and several CD-Roms were released under the brand “Create Media.” A year later, in 1997, Frank Thelen received 1.4 million DM to develop a Linux-based router. In 2000, today’s multimillionaire was even on the verge of personal bankruptcy, but he managed to get up again.
He is currently Managing Director (CEO) of the investment company “e42 GmbH”, which is 2017 to “free spirit Capital GmbH” was renamed. He has reached over 100 million users in 60 different countries with his company and products over the past two decades. He has also received several awards and honors, such as the Microsoft “Innovate 4 Society” award from Angela Merkel, a Grimme award nomination, the German TV award, and several “App of the Year” awards Apple.
When asked about his financial situation, he answered in an interview with Venture-TV: “I don’t like to talk about finances, and I don’t want to give an exact amount. From 10 million you are considered a multimillionaire, and that’s me. But I don’t want to reveal how much I have”. ( Source )
Famous for the TV show “The Lion’s Den”
As an investor and entrepreneur, his many years of experience have given Frank Thelen a place in the TV show “Die Hohle der Lowen?”, Which is broadcast on the VOX channel since 2014. He sits on the jury (also called “Die Lowen”) with, among others, Carsten Maschmeyer, Judith Williams, Ralf Dümmer, and other investors. During the broadcast, young entrepreneurs, inventors, and startups present their innovative business ideas and hope to convince them of their idea. Your goal is to get venture capital to help your company grow.
The 6th season of the show started on September 3, 2019, in which Frank Thelen can again be seen as an investor in the jury.