Maria-Elisabeth and Georg Schaeffler Owners of INA company Country: Germany

1. Maria-Elizabeth and Georg Schaeffler: Biography
2. The Founding of INA
3. Expansion and Success
4. INA Today
5. Maria-Elizabeth's Contributions

Maria-Elizabeth and Georg Schaeffler: Biography

Maria-Elizabeth and her son Georg Schaeffler are the owners of INA, a leading German private manufacturer of high-quality bearings. The company has branches worldwide and is the main source of income for the Schaeffler family. According to Forbes, they are ranked 78th on the list of the world's richest people, with an estimated fortune of $8.7 billion.

The Founding of INA

The foundation of the Schaeffler family's wealth and prosperity can be traced back to 1949 when Maria-Elizabeth's future husband, Georg Schaeffler, along with his brother Wilhelm, established a small manufacturing company specializing in the production of needle roller bearings. The unique design and quality of the bearings quickly garnered attention from customers worldwide, ensuring a steady stream of orders.

Expansion and Success

Over the years, INA's product range expanded, and in 1945, they began producing spherical bearings, further enhancing their market presence. The company's success was not limited to Germany, as they opened manufacturing plants in France, Brazil, and North America under the INA brand. INA's commitment to using high-quality materials and the latest advancements in science and technology contributed to their ongoing success.

INA Today

Presently, INA employs 28,000 individuals across 40 facilities located in developed countries worldwide. The company's products hold international certifications, awards from exhibitions, and patents. One of the key components of INA's success is their customer-oriented approach, which focuses on understanding and meeting the needs of each client. Following Georg Schaeffler's passing in 1996, INA became fully owned by his wife, Maria-Elizabeth Schaeffler, and their son, Georg, who have successfully continued and expanded upon the business started by their husband and father.

Maria-Elizabeth's Contributions

Maria-Elizabeth was born in Prague and grew up in Vienna. She completed her secondary education and obtained a degree from the Military Medical Faculty at the University of Vienna. In her executive role at INA, Maria-Elizabeth actively engages in addressing social protection and environmental conservation issues. She serves on numerous boards and committees, playing a pivotal role in decision-making processes. Maria-Elizabeth's business achievements have earned her numerous awards, diplomas, and accolades, making her a distinguished and sought-after guest at various civic and regional events.