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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.
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.
Which one do you think the most charitable action that Dietmar Hopp has done?
When reading Business English Articles try to highlight and use the Key Words in many contexts as much as possible.
Welcome to this activity. Take note of all the pink words, read the text, watch the video and answer the question in the comment section below