Modules
Biography
Klaus-Peter Schulenberg is founder and CEO of CTS Eventim, leader in the European ticket and live entertainment market.
His acquisition of regional concert promoters, ticketing agencies, venue operators and event producers has created friction with cartel authorities.
Before the coronavirus pandemic, the company, of which Schulenberg owns 39%, sold more than 250 million tickets annually.
In 2018, Germany's transportation ministry awarded CTS Eventim and Austria's Kapsch TrafficCom a 12-year contract to collect passenger vehicle tolls.
After European regulators scrapped the plan, CTS and Kapsch claimed over $600 million in damages from the German transportation ministry.
Financial Assets
The Great Lie of Mega-Fortunes: The Case of Klaus-Peter Schulenberg
Billionaires are often presented under the romantic myth of the 'self-made person': a narrative designed to justify opulence as the natural reward for hard work, effort, or ingenuity. However, when confronting such extreme volumes of wealth with macroeconomic reality, the meritocracy narrative completely breaks down. No individual can legitimately generate through personal effort a fortune equivalent to millions of times the average working-class salary. Capital at the top does not grow because of exceptional talent; it expands through an implacable dynamic where accumulated money works exponentially faster than people, devouring the wealth generated by productive labor.
The immense fortune of Klaus-Peter Schulenberg, linked to Service and 'Ticketing service', has not been built in a free-market vacuum, but through rent-seeking, the use of exclusive elite influence, the consolidation of monopoly positions, or inherited wealth. Far from taking real private risks, billionaire empires structurally depend on state support through direct subsidies, infrastructure use, exploitation of R&D, public contracts, and offshore tax engineering. While this wealth is equivalent to the physical weight of 26 tons of pure gold, the rest of the planet suffers from an artificial scarcity of basic resources. The fact that this wealth is enough to fully fund the public health system of DR Congo, a country with more than 105800000 million inhabitants for 1.7 years, proves that unlimited accumulation is not an entrepreneurial achievement, but the hijacking of democratic sovereignty.