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38   HENNING KAGERMANN AND HASSO PLATTNER


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Co-chairmen of the executive board, SAP, AG
COMBINED NET WORTH In excess of $7 billion
AGES 51; 54
ADDRESS www.sap.com BioS SAP's motto ought to be Infrastructure, Infrastructure Uber Alles. The company, based in Germany, creates and installs the software that allows huge corporations--including Exxon and Microsoft--to integrate their far-flung parts and departments, thus saving millions of dollars. It's a largely unsung but vital and sterotypically Teutonic job, and it has made SAP billions as the best in the business. This leader in the gray world of corporate-infrastructure software was started by Plattner and three other former IBMers in 1972, and with $3.4 billion in revenues last year, it is the world's fourth largest software maker.
1998 POWER PLAY Plattner takes enough time off from leading one of the fastestgrowing companies in the world to sail and occasionally pal around with Bill Gates. It's a symbiotic relationship: Microsoft helped fine-tune SAP's products for the Internet, while every client-server software sale that SAP makes helps promote the Windows NT operating system. Kagermann, who was promoted to the top spot this spring, is the more cerebral leader. The former mathematics professor seems more comfortable writing code than with the wind in his hair. SAP threw a $2 million beach party on Wall Street this summer to celebrate its listing on the New York Stock Exchange; no word as to whether Kagermann and Plattner lost their pinstripes and got into the beach volleyball action.
PLACE YOUR BETS SAP's listing on the n.y.s.e. is big news; with a market cap of about $70 billion it is the largest new listing ever. The company took a bit of a hit this year when projected growth figures were lower than expected, but analysts agree there are few better long-term investments out there.

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