Rupert Stadler Net Worth 2023, Age, Wife, Children, Height, Family, Parents, Salary

Read about Rupert Stadler net worth, age, wife, children, height, family, parents, salary and Legal issues as well as other information you need to know.

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Introduction

Rupert Stadler is a German businessman and former chairman of the Vorstand (CEO) of Audi AG. He was arrested in June 2018 in connection with the Volkswagen emissions scandal. He was in custody in Germany until being released at the end of October 2018. In July 2019, Stadler was charged with fraud by prosecutors in Munich.

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Early life

Name	Rupert Stadler
Net Worth	$5 million
Occupation	Businessman
Age	60 years
Height	1.75m

Rupert Stadler net worth

Rupert Stadler was born on March 17, 1963 (age 60 years) in Wachenzell in the Eichstätt district of Bavaria, Germany. He is the son of German parents. He studied business management at Augsburg University of Applied Sciences, majoring in corporate planning/controllership and finance, banking and investment.

Career

Rupert Stadler started his career at Philips Kommunikation Industrie AG in Nuremberg after graduating. Stadler joined Audi AG in 1990, assuming roles in sales and marketing. He became Commercial Director of Volkswagen/Audi España SA in 1994. From 1997 on, Stadler ran the office of the board of management of the Volkswagen Group.

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Stadler also became Head of Group Product Planning in January 2002. He served as acting chairman of the board of Audi AG and its head of finance and organization until July 2007. He also served as the chairman of Automobili Lamborghini Holding SpA and Volkswagen Group Italia SpA.

He served as vice-chairman of the supervisory board at German football club FC Bayern AG until December 2018, when he was replaced by Volkswagen CEO Herbert Diess. Stadler has been the chairman of the board and chief executive officer (CEO) of Audi AG since 1 January 2010 and served as its chief financial officer (CFO) since 12 January 2007.

Stadler has been a member of the supervisory board at MAN SE (alternate name Man AG) since 10 May 2007 and served as a Member of the supervisory board of Volkswagen Bank GmbH, and Volkswagen Financial Services AG. He has served as a member of the economic advisory council of Bayerische Landesbank since 1 December 2005.

Stadler was under fire after Volkswagen admitted to using cheating software in November 2015. In June 2018, Munich prosecutors named Stadler as a suspect in the widening Dieselgate scandal. A week later, Stadler was arrested and held in a prison in Augsburg. Prosecutors claimed he was tampering with evidence because of a phone call in which he suggested putting a witness on leave.

Volkswagen initially suspended Rupert Stadler as CEO after the arrest, and on 2 October 2018, the company terminated all contracts with Stadler. Four weeks later, Stadler was released from custody against bail and under other conditions. Prosecutors continued naming him as a suspect.

On 30 September 2020, Stadler began to stand trial in a Munich court on charges of fraud and knowingly selling cars that did not comply with environmental standards. After years of insisting at the trial that he did nothing wrong, Stadler accepted a plea deal offered by the judge on 3 May 2023 and is to plead guilty in two weeks’ time, becoming the highest-ranking executive to confess wrongdoing to date.

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Wife

Rupert Stadler is married to his wife Angelika Stadler, they had their wedding in Germany. Rupert and his wife Angelika Stadler live in Ingolstadt.