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George Christ

George Christ

G. Christ
-11.05% | - $-188.47M
$1.52 B ₹ 13,798 Cr
Real Time Net Worth #2511 Ranking as of 21 Feb 2026 By Forbes

More on George Christ

Gender

Male

Age

71Y

Country

United States

Born On

January, 1955

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Technology)

Primary Organization

Altair Engineering

Titles

Co-Founder

Sources of Wealth

Altair Engineering

Industry

Technology, Software

About George Christ


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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Quick Reads


Early Life and Background


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.

  • Core Company: Altair Engineering (NASDAQ: ALTR), a software company.
  • Ownership: Holds a 12% stake in the company.
  • Career Status: Retired before the company's 2017 IPO.

Career Journey of George Christ


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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George Christ's Timeline


1985:

Cofounds Altair Engineering with James Scapa.

2017:

Retires before Altair's IPO.

2025 (Jan):

Siemens agrees to acquire Altair for $10.6 billion.

Ongoing:

Remains the second largest individual shareholder.

Major Business Ventures and Investments


George Christ's wealth is concentrated in his substantial non-executive ownership of the technology firm he co-founded.

  • Altair Engineering (NASDAQ: ALTR): Co-founder and second largest individual shareholder (12% stake).
  • Acquisition: His wealth benefited significantly from the $10.6 billion acquisition of Altair by Siemens.
  • Sector Focus: Software for product development, optimization, and data analytics.

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Philanthropy and Social Impact


Fashion, Style, and Lifestyle


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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He cofounded Altair Engineering in 1985.
  • He holds a 12% stake, making him the company's second largest individual shareholder.
  • His fortune increased significantly due to the $10.6 billion acquisition of Altair by Siemens.
  • He retired before the company went public in 2017.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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