Frank Thelen Net Worth 2023

Capital: € 15 million
Age: 44
Born: 10/10/1975
Country of origin: Germany
Source of wealth: Entrepreneur, writer
Last updated: 2023

Short introduction

Frank Thelen is a German entrepreneur, writer and undertaking capitalist for younger groups. Thelen have become recognized to the overall public thru his participation as an investor withinside the VOX program “Die Höhle der Löwen”.

Thelen has been an crucial a part of this because 2014 and has invested in severa groups withinside the meals and era sector. In addition to his entrepreneurial activities, Thelen has additionally come to be an increasing number of politically lively in current years. His major subjects are digitization and that Germany has to come to be greater aggressive and innovative.

Early life

Frank Thelen turned into born in Bonn in 1975 and additionally spent his formative years and teenagers withinside the former federal capital. He grew up in a middle-magnificence environment, however speedy felt known as upon to be bigger. So he ended his research in laptop technology to begin his very own corporation.

Career

Frank Thelen`s profession is, as is sort of the norm withinside the tech industry, a curler coaster trip complete of ups and downs. Since founding his first corporation withinside the overdue 1990s, Thelen has long gone thru all emotional shades. However, it had continually been clean to him that defeats could best be temporary. His first corporation twisd AG attempted to marketplace a kind of router that turned into to attach neighborhood networks to the then incredibly new Internet. The concept appeared first rate and at instances turned into additionally on the street to success. However, the bursting of the dotcom bubble destroyed the monetary foundation and Thelen turned into all of sudden closely in debt.

However, he did now no longer permit this discourage him and shortly evolved software program for a virtual image platform, which he may want to then promote to Fuji and possibly acquired a double-digit million greenback quantity for it. The monetary state of affairs had therefore settled once more and withinside the years that followed, Thelen based and took part in severa famous groups together with Smartlane, Wunderlist and MyTaxi.

Through his involvement in “Die Höhle der Löwen” on VOX, Frank Thelen additionally located a brand new and seemingly very thrilling commercial enterprise area outdoor of his traditional environment: the meals industry.

Over the years, he eventually invested in an entire variety of meals start-ups together with Ankerkraut (spices), Little Lunch (soups) or Lizza (low-carb pizza). Thelen extensively utilized his developing consciousness to submit a few books and to come to be worried in politics.

At the give up of 2019, however, he introduced that he could retire from TV and focus on his commercial enterprise activities.

Highlights of his profession

1994: Foundation of his first corporation
2012: Chancellor Angela Merkel offered the “Innovate four Society Award”
2014: First participation in “The Lion`s Den” on VOX
2015: Sale of “Wunderlist” to Microsoft
2018: Publication of his biography “Startup DNA – Fall, Get Up, Change the World”

Quotes from Frank Thelen

• “If you need to get ahead, ache and falls are a part of it. You must learn how to rise up and maintain going. ”
• “As an entrepreneur, you need to undergo harsh grievance from buyers and maintain fighting.”
• “As a founder, I must have the ability to mention what I`m doing in 3 to 4 sentences. That must be the case despite the fact that I awaken under the influence of alcohol at night. ”

The fees impressively display the mind-set with which Frank Thelen works. In his view, there aren’t anyt any excuses or motives that might completely save you success. However, founders and marketers must be affected person and persistent. If an concept is rejected, it ought to now no longer take delivery of up immediately. Rather, the tough paintings to enhance so you can persuade at the subsequent presentation. The absolute consciousness of the founders ought to be across the clock at the corporation. Because distractions immediately endanger long-time period success.

Amazing facts

Frank Thelen has now no longer best been a laptop fan because his early teenagers, however additionally a passionate skateboarder and snowboarder. To this day, he feels strongly related to this scene and consequently helps a few social tasks on this area.

As already mentioned, Thelen is likewise politically lively. He turned into a member of the CDU till 2017, however turned into known as as much as the Federal Assembly via way of means of the FDP withinside the identical 12 months because the nominated consultant of the nation parliament of North Rhine-Westphalia to sopt for the Federal President.

Frank Thelen says he has by no means operated a vacuum cleaner. He discovered this in a presentation at the display “The Lion`s Den”.