About
Peer Steinbrück is a German politician who served as the Chancellor-candidate of the Social Democratic Party (SPD) in the 2013 federal election. Prior to this, he was the Minister-President of North Rhine-Westphalia. Steinbrück also served as Federal Minister of Finance in Angela Merkel's first cabinet. He was a member of the Bundestag.
Career Timeline
Finance Minister appointed
Steinbrück becomes Federal Minister of Finance, increasing his influence and network.
Navigating the Financial Crisis
Plays a key role in responding to the 2008 financial crisis, enhancing his reputation.
Chancellor Candidate (SPD)
Nominated as SPD's candidate for Chancellor, raising his profile, although they lost.
Bundestag Member
Continues career in the Bundestag, maintaining relevance in German politics.
Retirement from Politics
Retires from active politics, shifting focus to advisory roles.
Elder Statesman
Remains a commentator and advisor, net worth relatively stable.
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Last updated: February 23, 2026








