U lrike Meister is a German billionaire and a major shareholder in Rational AG, the world's leading manufacturer of industrial food preparation appliances. She is part of the family that inherited a controlling 63% stake in the company following the death of its founder, Siegfried Meister, in 2017. The company, established in 1973, revolutionized commercial kitchens with its invention of the combi-steamer, a device that combines steam and convection cooking.
Rational AG dominates its niche market, holding a global market share of over 50% for multifunctional thermal cooking appliances used in restaurants, hotels, and large-scale catering. The company prides itself on organic growth without relying on acquisitions and is renowned for its energy-efficient technology. Ulrike Meister's wealth is tied to the enduring success of this hidden champion, which has been listed on the Frankfurt Stock Exchange since 2000.
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Ulrike Meister is a German businesswoman and billionaire, part of a community of four family heirs who inherited 63% of kitchen appliance manufacturer Rational AG (FWB: RATIONAL).
The company was founded by Siegfried Meister in 1973 and its products include ovens, steamers and grills. Rational went public in 2000.
Ulrike Meister's wealth is generational, secured by her family's stake in Rational AG. Her structural position is tied to the long-term governance of a company that holds more than a 50% share of the global market for multifunctional food preparation appliances used in large-scale and commercial kitchens.
Rational prides itself on developing innovative, energy-efficient technology and has grown consistently without acquisitions. The company achieved 50% global market share and sales of EUR 1.194 billion in 2024.
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Siegfried Meister founded the company.
Rational AG went public.
Siegfried Meister died.
Part of the four family heirs who inherited 63% of the company.
Ulrike Meister's wealth is concentrated in her family's stake in the publicly traded industrial manufacturing giant, Rational AG.
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No publicly available quotes.
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-0.25% | -$7.28M
+0% | +$0.12M
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