Dietmar Hopp

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Dietmar Hopp is a billionaire software Entrepreneur and at the same time, he´s one of the founders of SAP SE founding this company in 1972 with other former IBM employees. Dietmar was born on April 26th in Heidelberg, Germany. After  graduating  in  1959  from  the  local  High  School  in  Sinsheim,  a  town  in  Germany´s  southwestern  Rhine-Neckar region,  He  joined  the  army.  After  a  year  of  service, He enrolled  at Karlsruhe   University,   where  just  like  a  fellow alumnus and  future  colleague, Hasso Platnner, he  studied  computer  science.

After  completing  his  graduate  degree in  engineering, He  joined  IBM as  a  systems  consultant.   He quit IBM in 1972 and with four fellow defectors, co-founded  SAP.  The  group was  motivated in part by their former employer´s rejection   of  their  suggestion  to  create  financial  software packages  for  businesses.  Today, the company is one of the world´s largest markers of Enterprise Software.

Hopp  served  as  the  Company´s  Chief  Executive   officer  from   1988  until  1997,  a  role  which  saw  him  responsible  for  product  development  and  distribution,  management  and  public  relations.  After  his stint  as  CEO,  He  served  as  chairman of the board  from 1998 until  2003.  He didn´t have a direct role in the company since May 2005, when he resigned from  the  board.

Since  retiring, Hopp  has  devoted  much  of  his  time   to  philanthropy  and  his  investment  in  biotech and  sports.  Through  his  investment  fund, Dievini,  He  has  invested  in  16  start-ups   focused  on  therapeutics and  diagnostics.  An  avid  tennis  player,   golfer  and  former  soccer  player,  He  owns  a  soccer  club,  a  hockey  team,  a  handball  team  and  He´s  the  funder  of the  Golf  Club St Leon-Rot.

He funded the Dietmar Hopp Stiftung in 1995, a charitable foundation focused on supporting youth sports, medicine, education, social affairs and education in the Rhine-Neckar region of Germany.

 

VOCABULARY:

To enroll: Officially register as a Member of an institution or a student on a course.

Alumnus: A graduate or former student, especially a male one, of a particular school, college or university.

Defector: A person who has abandoned his/her country in favor of an opposing one.

Chief of the Board: Holds the most power and authority on the board of directors and provides leadership to the firm´s officers and executives.

To resign: To leave a job or position voluntarily.

Philanthropy: The desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.

Investment: The  action  of  process  of  investing  money   for  profit or  material  result.

Start-Up: The action or process of setting something in motion.

Charitable:  Relating to the assistance of those in need.

QUESTIONNAIRE

Which one do you think the most charitable action that Dietmar Hopp has done?

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