When Lars Windhorst started his computer company in his father’s garage, probably even he did not imagine that by his early 30s he would be a business tycoon and one of Germany’s biggest success stories. Windhorst is somewhat of a legend among his peers, who say that instead of playing around with his mates in junior high, he perused the stock reports.
When Windhorst was 15, he flew to China to buy cheap computer parts and ended up selling them out of his father’s stationery store with his friends. A year after his trip to China, Windhorst dropped out of school and partnered with a Chinese businessman in Germany, globalizing his operation and setting the stage for his future.
With the German economy suffering along with the rest of the world, German citizens have said they do not feel positive about the direction the economy is moving and worry about their future. German companies, however, have conducted their own surveys and say the economy is on an upward swing. Entrepreneur Lars Windhorst was a teen businessman in the 1990s, founding his first business selling computer equipment and considered to be quite successful.
Windhorst evolved the company quickly into a business worth 90 million Euros. As the economy sped toward the turn of the century, Windhorst’s company branched out into real estate and global investment and are now one of the biggest companies in Germany.
Sterecycle, a waste recycling company that has come up with an innovative way to dispose of trash without hurting the environment, has found a new investor in German businessman and entrepreneur Lars Windhorst. He has contributed a large amount of money as an investment in the company after a worker died, leaving the company in need of funds. Windhorst saw the potential in the company, which uses waste that typically goes to a landfill to generate electricity for homes and businesses. The company separates the kind of trash that can be used to make sterefibre, which will be used to generate biofuel and grow crops, which Windhorst saw as a good investment.
Lars Windhorst made the most of himself early on when he capitalized on the global economy and bought foreign computer parts and sold them in his home country of Germany. But as the economy began to crash around the world, Windhorst began to experience his own personal finance problems. In the early -to mid - 2000s, he filed bankruptcy for a few of his companies and then faced a fraud charge from his former business partner Ulrich Marseilles.
In August of 2007, Marseilles’ claim was rejected, leaving Windhorst owing him nothing. At the end of that same year, Windhorst survived a plane crash in Kazakhstan when the plane hit a wall upon takeoff. After surviving the crash, in 2008, Windhorst faced more scrutiny when he was accused of owing more money to creditors, and the situations have not yet been resolved.
Lars Windhorst has had an interesting life, with his first business at age 16 and garnering him millions. However, by the early to mid 2000s, he had lost much of his personal wealth, gone through a horrible plane crash and been sued by his business partner.
With much of the world in an economic collapse, he said he didn’t expect the economic collapse to end in a doomsday scenario because a world economic crisis is not sustainable. When asked about down periods Windhorst said that yes, he did have many defeats but always came back on top and most of the time good money. Above all, Windhorst said, he has a good head for business, and he’ll come out on top.
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