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Austria is home to a well-developed economy, welcoming foreign direct investments in technology and R&D. The country offers a high living standard and benefits from a skilled labour force, placing its capital Vienna among the best cities to live in the world. As of 2024, Austria had a GDP of $540.89 billion. The country is also home to a number of billionaires.
| Characteristics | Values |
|---|---|
| Number of billionaires | 8 |
| Wealthiest person | Mark Mateschitz |
| Net worth of wealthiest person | $37.6 billion |
| Second wealthiest person | Georg Stumpf |
| Net worth of second wealthiest person | $12.6 billion |
| Third wealthiest person | Johann Graf |
| Net worth of third wealthiest person | $6.8 billion |
What You'll Learn
There are eight billionaires in Austria
Austria has a well-developed economy, welcoming foreign direct investments in technology and R&D. The country offers a high living standard and benefits from a skilled labour force, placing its capital Vienna among the best cities in the world to live in. It derives 50% of its GDP from exports. As of 2024, Austria's GDP was $540.89 billion. After COVID, the Austrian economy rebounded with a 4.6% GDP growth in 2021 and 2022. In 2023, high inflation caused a muted growth of the economy, with GDP declining by 0.8%.
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Mark Mateschitz is the wealthiest person in Austria
As of February 4, 2025, Mark Mateschitz was estimated as the wealthiest person in Austria, with a net worth of around $37.6 billion. Mateschitz is followed by Georg Stumpf ($12.6 billion) and Johann Graf ($6.8 billion).
Austria has a well-developed economy, welcoming foreign direct investments in technology and R&D. The country offers a high living standard and benefits from a skilled labour force, placing its capital Vienna among the best cities to live in the world. It derives 50% of its GDP from exports. As of 2024, Austria's GDP was $540.89 billion.
After COVID, the Austrian economy rebounded with a 4.6% GDP growth in 2021 and 2022. In 2023, high inflation caused a muted growth of the economy, with GDP declining by 0.8%. The country is home to eight billionaires, with no prevision to grow.
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Austria's GDP is $540.89 billion
Austria has a GDP of $540.89 billion. The Austrian economy is well-developed and welcomes foreign direct investment, particularly in technology and R&D. The country has a high standard of living and benefits from a skilled labour force, with its capital, Vienna, ranked among the best cities in the world to live in. Austria's GDP growth was 4.6% in 2021 and 2022, but in 2023, high inflation caused a muted growth of the economy, with GDP declining by 0.8%.
Austria is home to several billionaires, including Mark Mateschitz, who is the wealthiest person in the country with a net worth of around $37.6 billion. Other billionaires include Georg Stumpf ($12.6 billion) and Johann Graf ($6.8 billion). There are eight billionaires in Austria, and this number is not expected to grow.
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The Austrian economy rebounded after COVID
Austria has a well-developed economy, welcoming foreign direct investments in technology and R&D. The country offers a high living standard and benefits from a skilled labour force, placing its capital Vienna among the best cities in the world to live in. The Austrian economy rebounded after COVID-19, with a 4.6% GDP growth in 2021 and 2022. In 2021 and 2022, the Austrian economy saw a solid recovery due to the strong international economy and a large rebound effect of domestic demand. In 2021, economic growth of 3.5% was anticipated, with a strong rebound in domestic private consumption and services exports. In 2023, high inflation caused a muted growth of the economy, with GDP declining by 0.8%. The Austrian government implemented new restrictions on 31 October 2022, which hit the services sector particularly hard.
Austria is home to 8 billionaires, with Mark Mateschitz the wealthiest person in the country with a net worth of around $37.6 billion, followed by Georg Stumpf ($12.6 billion) and Johann Graf ($6.8 billion).
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The billionaire population in Austria is stable
Austria has a well-developed economy, welcoming foreign direct investments in technology and R&D. The country offers a high living standard and benefits from a skilled labour force, placing its capital, Vienna, among the best cities in the world to live in. It derives 50% of its GDP from exports. As of 2024, Austria had a GDP of $540.89 billion.
After COVID, the Austrian economy rebounded with a 4.6% GDP growth in 2021 and 2022. In 2023, high inflation caused a muted growth of the economy, with GDP declining by 0.8%. Despite this, the billionaire population in Austria has remained stable.
As of February 2025, Mark Mateschitz was estimated as the wealthiest person in Austria, with a net worth of around $37.6 billion, followed by Georg Stumpf ($12.6 billion) and Johann Graf ($6.8 billion).
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Frequently asked questions
There are 8 billionaires in Austria.
As of February 4, 2025, Mark Mateschitz was the wealthiest person in Austria, with a net worth of around $37.6 billion.
Georg Stumpf is the second-wealthiest person in Austria, with a net worth of $12.6 billion.
Austria has a well-developed economy and a high standard of living. As of 2024, the country had a GDP of $540.89 billion.
