Background
His father was a physician, his mother is a pharmacist.
His father was a physician, his mother is a pharmacist.
Born in Berlin, Vater is a social entrepreneur since 2009. Previously, he worked as a music manager. He is a banker by profession, and holds a degree in economics and international management from European Business School London (European Business School London).
In 1998, Vater started as a manager in the music industry, working consequently in various national and international positions, at Bertelsmann Music Group (BMG), the tour promoter DEAG Deutsche Entertainment, in the United Kingdom at Electric and Music Industries, as well as Individual Education Music, the artist management of Robbie Williams.
In 2008, he co-founded the Ana Kwa Ana Foundation with a focus on improving the livelihoods of Human Immunodeficiency Virus-infected street children in Africa. In 2009, he founded
The fundraising campaign was founded on November 30, 2009, with the aim to eliminate child poverty in Germany.
Consumers can round up their shopping bills to the next 10-cent amount by saying "Aufrunden bitte!" ("Round it up, please!"). Each cent donated goes directly and without any deductions to independently selected and controlled projects to fight child poverty in Germany.
More than 4.3 million Euro have been raised as of December 2015.
A survey by market research firm IfD Allensbach showed, that after three years in operation, 69% of the German population know.
Foreign his idea of the micro-donation by rounding up, Vater was named an Ashoka fellow and inducted into Ashoka"s global network of social entrepreneurs. He has further been recognised with the Best Human Brands Award 2012, the VisionAward 2013, and acknowledged as a "responsible leader" by the Bayerische Motoren Werke Stiftung Herbert Quandt in 2014.