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About

Werner Faymann is an Austrian former politician who served as Chancellor of Austria and chairman of the Social Democratic Party of Austria (SPÖ) from 2008 to 2016. His political career culminated in leading Austria as Chancellor. He eventually resigned from both positions after facing increasing criticism within his own party. Faymann's tenure was a significant period in Austrian politics.

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Career Timeline

1994D$0.1M

Vienna City Councillor

Begins career as city councillor. Humble beginnings.

2007C$0.5M+$0.4M

Minister for Transport

Appointed Federal Minister for Transport. Growing influence.

2008B$1M+$0.5M

Chancellor of Austria

Ascends to Chancellor, highest office. Significant boost.

2013B$1.5M+$0.5M

Re-elected as Chancellor

Secures second term as Chancellor. Maintaining power.

2016C$2M+$0.5M

Resigns as Chancellor

Resigns due to internal party conflicts. Loss of position.

2017C$2M

Withdraws from Politics

Faymann steps back from political life. Maintained wealth.

2026C$2M

Legacy as Former Chancellor

Remembered for his time as Chancellor. Remains relevant in Austria.

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Last updated: February 25, 2026