Sebastian Kurz is no longer a career politician today, but rather an entrepreneur, investor, and consultant. His most important business is the AI and cybersecurity company Dream. According to his own statements, Kurz holds a stake of just under 15 percent in the company, which has been valued at three billion dollars since June 2026. Purely on paper, his stake is therefore around 450 million dollars worth. In addition, there are several Austrian consulting, investment, and real estate companies. However, Kurz not only has money and company shares: he maintains an international network of tech billionaires, investors, governments, former employees, and right-wing politicians.
At the end of 2021, following his resignation as Federal Chancellor, Kurz withdrew from Austrian top-tier politics. Just a few weeks later, he founded his first consulting firm. One of his first major clients was the US billionaire Peter Thiel. In the meantime, the former chancellor has become an internationally active entrepreneur, working primarily between Europe, Israel, and the Gulf states.
This article explains what Sebastian Kurz is doing today, which companies he owns wholly or in part, and what his estimated net worth is. We have covered the political connections to Peter Thiel, Elon Musk, Donald Trump, Viktor Orbán, and other figures in a separate investigation on Sebastian Kurz and the right-wing network of tech billionaires thoroughly investigated.
Sebastian Kurz today
What is Sebastian Kurz doing today? The ex-chancellor and ÖVP leader now describes himself as an entrepreneur, investor, and consultant. His work is essentially divided into four areas:
- AI and Cybersecurity: Kurz is a co-founder and president of Dream. The company sells AI and security systems to governments and operators of critical infrastructure.
- Management consulting His firm, SK Management, primarily advises technology companies and clients operating in Europe and the Middle East.
- Holdings: Through several companies, Kurz invests in startups, real estate, and financial and consulting firms.
- Public and political contacts: Kurz gives lectures, organizes meetings, and is working with former colleagues to establish an institute for publications and events.
According to his own statement, Kurz no longer works for Peter Thiel. At the end of 2021, it had been announced that he would work as a „Global Strategist“ for Thiel's investment company. Later, Kurz explained that he was never employed by Thiel Capital, but had advised Thiel through his SK Management. Early 2025 he said in an ORF interview, the collaboration is over.
What companies does Sebastian Kurz own?
Sebastian Kurz does not own a single „Kurz company,“ but rather a network of multiple corporations and holdings. Some belong to him entirely, others jointly with business partners. In the case of start-ups, the ownership stakes are sometimes not public. The following overview shows the publicly documented status as of August 2026:
| Company or equity investment | Share of Sebastian Kurz | Business |
|---|---|---|
| Dream | just under 15 percent, according to Kurz | AI, Cybersecurity, and Data Analysis for Governments and Critical Infrastructure |
| SK Beteiligungs GmbH | 100 percent direct | Holding for additional short-term companies and assets |
| SK Management GmbH | 100 percent indirectly via SK Beteiligungs | Management consulting, management and holdings |
| SK Liegenschaftsbeteiligungs GmbH | 100 percent indirectly via SK Beteiligungs | Purchase, sale, and management of real estate and assets |
| Fichte Invest GmbH | 100 percent indirectly via SK Beteiligungs | Management of own assets and holding function |
| Connect2093 Management Consulting Ltd | 100 percent direct | Management consultancy based in Abu Dhabi |
| AS²K Beteiligungs GmbH | 50 percent indirectly via SK Management | Joint Investment Company with Alexander Schütz |
| Cocoon Capital Advisory GmbH | 50 percent indirectly via SK Management | Wealth and Business Consulting with Bernhard Bonelli |
| GSI GmbH | 50 percent indirectly through SK Beteiligungs | Publications, events, congresses and membership programs |
| KFF Vision Green, LLC | one-third directly | Trade in chemical products, in particular AdBlue |
| Aquileia Partners GmbH | 15 percent directly, plus an additional 10 percent through AS²K | Investments and Strategic Management Consulting |
| Masdar Solar & Wind Coöperatief U.A. | no participation; activity as director | European subsidiary of the state-controlled energy company Masdar from Abu Dhabi |
| Additional Start-up Investments | indirectly; exact percentages not disclosed | including the care platform HeldYn |
Dream: Sebastian Kurz's by far most valuable company
Kurz’s most important company is Dream. He founded the company together with Israeli entrepreneur Shalev Hulio and AI expert Gil Dolev. Dream develops systems designed to protect governments, energy providers, and other operators of critical infrastructure from cyberattacks. In addition, the company offers countries their own, isolated AI systems. These are designed to process sensitive data without sharing it with large U.S. or Chinese platforms.
In June 2026, Dream raised $260 million in a new round of financing. According to the company, this brought its valuation to three billion dollars. At that time, Dream employed about 350 people in Tel Aviv, Vienna, and Abu Dhabi. Kurz is the president and co-founder. In an interview with the Handelsblatt He estimated his stake after the funding round at just under 15 percent.
Co-founder Shalev Hulio was previously head of the Israeli NSO Group, which developed the Pegasus spyware. Pegasus was also used by state clients against journalists, dissidents, and human rights activists. Dream emphasizes that it does not sell spyware itself, but rather defends states against attacks. Hulio's past does not imply any wrongdoing by Dream or Kurz. However, it explains why the company and its government clients are subjected to particularly close scrutiny.
SK Beteiligungs und SK Management: Kurz's company headquarters
The SK Beteiligungs GmbH is 100 percent owned by Sebastian Kurz. It is his personal holding company and, in turn, owns SK Management and SK Liegenschaftsbeteiligungs GmbH. Through this structure, Kurz holds additional shares in other companies.
Since April 2026, the Fichte Invest GmbH 100 percent owned by SK Beteiligungs GmbH. The managing director is Kurz's former chief of staff Bernhard Bonelli. The company serves to manage its own assets and as a holding company.
The SK Management GmbH was founded in early 2022 and was Kurz's first central company after his withdrawal from politics. It advises international companies on business development and geopolitical issues. According to the company, a further focus is on the technology sector and the Middle East. However, it is not publicly known who currently belongs to the clientele and what the individual fees are.
From a financial standpoint, the consulting project was very successful. SK Management reported a profit after taxes of approximately 1.9 million euros for 2022 and approximately 3.9 million for 2023, and approximately 2.38 million euros for 2024. Over the first three published fiscal years, this totaled approximately 8.2 million euros. However, this does not mean that Kurz received that same amount as personal income: Profits can remain within the company, be invested, or be transferred to the owner’s holding company.
Connect 2093 Management Consulting: Kurz’s company in Abu Dhabi
Since 2023, Kurz has owned the Connect 2093 Management Consulting also her own consulting firm in Abu Dhabi. According to research by The Standard and Follow the Money Based on the Emirati commercial register, Kurz has been the sole shareholder and managing director of the company since January 25, 2023. This means he owns the company completely.
The company's location is also remarkable: Connect 2093 is registered in the Al Sila Tower in Abu Dhabi, a skyscraper owned by the state-owned investment fund Mubadala. The fund, in turn, is a co-owner of Masdar, the Emirati energy group whose European subsidiary Kurz joined as a director in 2022.
What Kurz specifically does regarding Connect 2093, on the other hand, remains largely in the dark. Neither customers, revenues, nor employee numbers are publicly known. Also, when asked about the company's background, Kurz told The Standard and Follow the Money No information.
AS²K, Cocoon and the investments in start-ups
The AS²K Beteiligungs GmbH is owned equally by the investor and former ÖVP major donor Alexander Schütz and SK Management. The managing director is Kurz's former cabinet staffer Vera Regensburger. Among other things, the company holds 5.09 percent of HeldYn CARE GmbH Care Platform, which connects people in need of care with caregivers and therapists.
At Medaia GmbH, which [operates] the app SkinScreener developed to detect conspicuous skin lesions, Kurz held a stake of just under two percent through his company SK Management. He exited the company in July 2024.
Through SK Management, Kurz also indirectly holds half of the Cocoon Capital Advisory GmbH. The other half is owned by a company run by his former chief of staff, Bernhard Bonelli, who also serves as its managing director. According to the commercial register, Cocoon is active in asset and business consulting and also holds equity interests. A complete and continuously updated list of all indirect investments is not publicly available.
Real estate, AdBlue, financial planning and a new institute
Since 2025, Kurz has also owned, through his holding company, the SK Liegenschaftsbeteiligungs GmbH. According to the commercial register, it is authorized to buy, sell, hold, and manage land and real estate. There is no public record of which properties the company owns.
At the KFF Vision Green, LLC Kurz directly holds a third. The other two thirds belong to the entrepreneur Markus Friesacher and Emanuel Fussenegger, who is part of the circle around former OMV boss Rainer Seele. According to the company agreement, the company trades in chemical products and intended to operate particularly in the AdBlue business. AdBlue is used in diesel engines to reduce nitrogen oxides in the exhaust gas.
At the Aquileia Partners GmbH holds a direct 15 percent stake. A further 20 percent is held by AS²K, half of which can be attributed to Kurz. In economic terms, Kurz thus holds a total of around 25 percent. Aquileia invests its own capital and offers strategic consulting. According to profile Among other things, the company participated in „Castle Collector,“ a platform for buying and selling castles and historic properties.
The GSI GmbH It is owned half by Kurz’s SK Beteiligungs and half by a company owned by Bernhard Bonelli. The abbreviation stands for the planned „Global Shift Institute.“ The company is intended to publish articles in traditional and social media, organize events and conferences, and offer paid memberships. People close to Kurz describe the project as a platform for lectures, guest contributions, and international debates—not as preparation for a political comeback.
What is Sebastian Kurz's net worth?
Sebastian Kurz's net worth is currently estimated at around 200 to 400 million euros. In the wealth ranking of the business magazine trend from August 2026 Kurz ranks 86th among the richest Austrians. The magazine lists him in the wealth bracket between 200 and 400 million euros.
The estimate is based almost entirely on his stake in Dream. The calculation initially looks simple:
- Review of Dream in June 2026: 3 billion dollars
- Share of Sebastian Kurz: just under 15 percent
- Calculated value: around 450 million dollars, so roughly 400 million euros
However, this 400 million euros is not sitting in a bank account. Dream is a private, unlisted company. The value is derived from the price that investors paid for new shares in the most recent financing round. Only when Kurz sells shares, Dream goes public, or the company is acquired can this paper value actually become available cash.
In addition, during a later sale, taxes, further dilution through new financing rounds, and special rights of other investors can change the proceeds. Conversely, the stake could become worth even more in the event of a successful IPO. If the company fails or its valuation drops, the paper value can fall sharply. Therefore, the range of 200 to 400 million euros is more reliable than the claim that Kurz owns exactly 400 or 450 million.
Regardless of Dream, the profits of SK Management and the other holdings also have substantial value. How much money Kurz has privately withdrawn, invested, or put into other companies is not publicly known. An exact calculation of his private wealth is therefore not possible.
Sebastian Kurz's Network
Companies explain only part of Kurz's success after politics. Because for his entry into the international consulting business, contacts with heads of government, funds, entrepreneurs, and decision-makers in Europe, Israel, and the Gulf states were important. Today, these contacts also overlap with Kurz's consulting assignments, company stakes, and his own event formats.
Peter Thiel and the Right-Wing Tech Network
Peter Thiel was one of the first publicly known clients of SK Management. The PayPal co-founder financed Donald Trump in the US and, above all, the political rise of J.D. Vance. His data company Palantir sells software to the military, intelligence agencies, police, and immigration authorities. Thiel already wrote in 2009 that he no longer believed freedom and democracy were compatible.
As a former head of government with excellent international contacts, Kurz was interesting for Thiel. Conversely, Thiel provided Kurz with rapid access to the global tech and investment world after the end of his political career. More about Thiel's understanding of democracy, Palantir, and the support of right-wing politicians can be found in our detailed article „Sebastian Kurz, Peter Thiel, and the networks of the tech billionaires“.
Israel, Abu Dhabi, and the State Security Business
Dream hat has locations in Tel Aviv, Vienna, and Abu Dhabi. Especially for a company that sells to governments and critical infrastructure, political contacts are an essential part of the business. Even as Foreign Minister and Federal Chancellor, Kurz maintained close relations with Israel and the United Arab Emirates.
After leaving politics, Kurz also worked for Masdar, a state-controlled energy company from Abu Dhabi. He is a member of the honorary advisory board of the Abraham Accords Peace Institute, founded by Jared Kushner. The institute promotes political and economic rapprochement between Israel and several Arab states. This network is located geographically precisely where Kurz's consulting firm and Dream are particularly active.
Alexander Schütz, former Kurz associate and political contacts
In Austria, investor Alexander Schütz is Kurz's most important business partner. Schütz used to donate large sums to the ÖVP and co-owns AS²K with Kurz. Its managing director, Vera Regensburger, previously worked in the ÖVP and the Federal Chancellery. Later, she also took on management roles at the right-wing portal Exxpress and its German partner company Vius, which includes Nius. This does not mean that Kurz owns these media outlets or controls their editorial staff. Personal details document connections between Kurz's corporate environment and right-wing media projects.
With Bernhard Bonelli, his former chief of staff, Kurz runs Cocoon and GSI. The planned Global Shift Institute is intended to organize contributions and events. At the „Moving Mountains“ meeting in Seefeld, hosted by Kurz and Karl-Theodor zu Guttenberg, former politicians, active government members, investors, entrepreneurs, and media representatives came together in 2025. The [publication/article/etc.] documents how Kurz built an international political and economic network through such meetings, companies, and former employees Background article on the Kurz and tech billionaire network More precisely.
Kurz also remains a political presence. He continues to emphasize his ties to the ÖVP, defends the former coalition with the FPÖ, and describes himself as a political figure. His economic and political activities are intertwined: his contacts create business opportunities, and his companies give him a new form of influence outside of elected office.
Long meeting with Herbert Kickl in parliament
On June 3, 2026, Sebastian Kurz met with FPÖ leader Herbert Kickl in the Austrian Parliament. According to Kurz, the conversation in the FPÖ caucus lasted „a few hours“ and was initiated by Kurz himself. Kurz later explained that the two had looked back on their time in government together, reflecting on both the positive and negative moments.
A possible collaboration by Kurz or former members of his team in a future FPÖ-led government was not an issue at the meeting, „Heute“ reported, citing an interview Kurz gave to the „Krone“. Kurz also downplayed the political significance of the meeting. He said he had been a top politician for ten years and still maintains contact with people in politics. He meets not only with Kickl but also, for example, with Foreign Minister Beate Meinl-Reisinger, he explained in the Courier podcast.
A conversation of several hours with the leader of the FPÖ is nonetheless more than a chance encounter. Kurz already governed together with the FPÖ from 2017 to 2019 and continues to view that collaboration mostly positively to this day. The meeting is not proof of an agreed-upon political comeback. However, it documents that Kurz still has direct contact with leading figures in Austrian party politics.
Speculation about a political comeback
Kurz has publicly ruled out a return to politics. „I really enjoyed my time in politics, but I don’t want to go back into politics,“ he stated on Facebook in July 2026. His political home remains the People’s Party. He remains a „political person“ and therefore stays in touch with former colleagues both within and outside the ÖVP, reported the ORF.
This does not mean that Kurz is no longer interested in politics. He is simply saying that he is not currently seeking political office. In an interview with the Financial Times He described himself as a „political animal“—someone who continues to think and act politically.
To this day, Kurz speaks particularly positively about the former coalition between the ÖVP and FPÖ. In June 2026, he said in a Interview with oe24, saying he had been "deeply satisfied" with this government. Also in the Courier Kurz explained that the cooperation with the FPÖ had worked well and he would have liked to continue it. As early as 2022, he had publicly regretted ending the coalition after the publication of the Ibiza video. He still asks himself to this day whether that was the right decision, enrichORF hurt back then.
The long meeting with Kickl, Kurz’s public appearances, and the establishment of the Global Shift Institute are keeping speculation about a return alive. However, there is no evidence of a planned comeback. Nevertheless, even without holding a government office, Kurz maintains contacts with politicians, investors, media, and security companies as an entrepreneur.
Frequently Asked Questions About Sebastian Kurz Today
Which company does Sebastian Kurz have?
His most significant investment is Dream, an AI and cybersecurity company. According to his own statements, Kurz holds just under 15 percent of the company. He fully controls SK Beteiligungs GmbH; through this company, he also owns SK Management and SK Liegenschaftsbeteiligungs GmbH. He holds stakes in several other companies together with business partners.
How rich is Sebastian Kurz?
The business magazine trend estimates his fortune in 2026 at 200 to 400 million euros. Most of this is the calculated value of his Dream stake and is therefore, for now, only wealth on paper.
Does Sebastian Kurz still work for Peter Thiel?
According to his own statement, no. Kurz explained in early 2025 that his consulting work for Thiel had ended. The earlier collaboration nevertheless remains important because it facilitated his entry into the international tech and investment world after his withdrawal from politics.
Will Sebastian Kurz return to politics?
Kurz rules out a return to public office. He continues his political contacts and public appearances.
Does Sebastian Kurz have children?
Sebastian Kurz and his long-time partner Susanne Thier have two sons. The older son, Konstantin, was born in 2021, and the younger son, Valentin, in 2025.
As of August 31, 2026. Participations and company valuations can change through sales, capital increases, and new financing rounds.
Support journalism
Independent journalism needs strong supporters. If you liked this article, we welcome a direct contribution to our editorial team.
- Martina Lukmeier
- Emil Krutzmann
- Carsten
- Matthias
- throwaway
- Thorsten Niedermeyer
- Rick Allen
- Albrecht Hoehler
- Emilia Mitterndorfer
- Ben









