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Peer Steinbrück is a German politician who served as the Chancellor-candidate of the Social Democratic Party (SPD) in the 2013 federal election. Prior to this, he was the Minister-President of North Rhine-Westphalia. Steinbrück also served as Federal Minister of Finance in Angela Merkel's first cabinet. He was a member of the Bundestag.

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Career Timeline

2005C$0.2M

Finance Minister appointed

Steinbrück becomes Federal Minister of Finance, increasing his influence and network.

2008B$0.5M+$0.3M

Navigating the Financial Crisis

Plays a key role in responding to the 2008 financial crisis, enhancing his reputation.

2013B$1.5M+$1M

Chancellor Candidate (SPD)

Nominated as SPD's candidate for Chancellor, raising his profile, although they lost.

2017C$2M+$0.5M

Bundestag Member

Continues career in the Bundestag, maintaining relevance in German politics.

2020C$2.8M+$0.7999999999999998M

Retirement from Politics

Retires from active politics, shifting focus to advisory roles.

2026C$3M+$0.20000000000000018M

Elder Statesman

Remains a commentator and advisor, net worth relatively stable.

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Last updated: February 23, 2026