G eorge Christ is an American billionaire who co-founded Altair Engineering, a global technology company providing software and cloud solutions for product development, high-performance computing, and data analytics. He established the company in 1985 alongside James Scapa and Mark Kistner in Troy, Michigan. While Scapa served as CEO, Christ played a significant role in the company's early growth and technological foundation.
Christ retired from Altair before its initial public offering in 2017 but retained a substantial equity stake. His wealth surged as the company grew into a major player in the simulation software market, serving industries ranging from automotive to aerospace. In a major exit event, Siemens agreed to acquire Altair for approximately $10.6 billion in late 2024/early 2025, a deal that further solidified the value of his long-held investment in the firm.
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George Christ is an American businessman, the self-made billionaire Co-founder of the software company Altair Engineering. He cofounded Altair in 1985 with fellow billionaire James Scapa.
Christ retired before Altair went public in 2017, but he remains the company's second largest individual shareholder with a 12% stake.
George Christ co-piloted Altair Engineering's foundational growth starting in 1985. The company specializes in developing simulation, high-performance computing, and data intelligence software.
The capstone of his wealth creation was the news that German tech giant Siemens agreed to acquire Altair for $10.6 billion in cash in January 2025. His wealth is secured by his long-held equity stake that appreciated immensely through the successful IPO and subsequent acquisition.
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Cofounds Altair Engineering with James Scapa.
Retires before Altair's IPO.
Siemens agrees to acquire Altair for $10.6 billion.
Remains the second largest individual shareholder.
George Christ's wealth is concentrated in his substantial non-executive ownership of the technology firm he co-founded.
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+0.21% | +$14.02M
-0.34% | -$4.97M
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