Net Worth

Net Worth: $1.6 billion Billionaire
$1.6 billion
$1B $3.25B $5.5B $7.75B $10B

Wealth Tier: Billionaire

Net worth between $1 billion and $10 billion

Annual Income

$15 million (dividends and business income)

Net Worth Timeline

2022: $900,000,000, 2023: $1,300,000,000, 2024: $1,600,000,000

Arvydas Paukštys's Biography

Arvydas Paukštys is a renowned Lithuanian entrepreneur and the founder of Teltonika IoT Group, a leading company in the Internet of Things (IoT) sector. Born on July 8, 1971, in Lithuania, Paukštys has become one of the most influential figures in the Baltic technology industry. He graduated from Kaunas University of Technology, where he developed a keen interest in electronics and innovation. In 1998, he established Teltonika, which quickly grew to become a pivotal player in the global IoT market, designing and manufacturing wireless networking devices, trackers, and industrial solutions. Under his leadership, Teltonika has expanded into over 150 countries, employing thousands and significantly contributing to Lithuania's economic growth. Known for his forward-thinking approach and commitment to quality, Paukštys is celebrated for his dedication to fostering technological advancement and supporting local talent. With a current net worth estimated at $1.6 billion, he continues to inspire the next generation of entrepreneurs. His story is a testament to how innovation, resilience, and a strong vision can drive international success from the Baltic region. Paukštys enjoys sailing and traveling, and he is passionate about promoting Lithuania as a hub for tech innovation.

Wealth in Perspective

Fun Fact

Arvydas Paukštys started his first business in a small apartment in Vilnius.

Full Name

Arvydas Paukštys

Nickname

The IoT Magnate

Nationality

Lithuanian

Birthday

July 08, 1971

Age

53

Zodiac Sign

Cancer

Height

5'10" (178 cm)

Weight

172 lbs (78.0 kg)

Marital Status

Married

Spouse

Undisclosed

Children

2

Education

Kaunas University of Technology

Famous For

Founder and owner of Teltonika IoT Group

First Big Break

Founded Teltonika in 1998, pioneering IoT solutions in Lithuania

Social Media

LinkedIn: arvydaspaukstys

Businesses Owned

Teltonika IoT Group, various subsidiaries in technology sector

Awards

Lithuanian Business Leader of the Year

Category

Business

Controversies

Minimal public controversies; known for strong business ethics

Hobbies

Sailing, traveling, technology innovation

Interests

Internet of Things, leadership, economic development

Quote

"Innovation is the key to Lithuania's success in the global tech world."

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