Stefan Quandt is a German car heir with a $26 billion net worth. That makes him one of Germany’s wealthiest citizens. He is also one of the world’s wealthiest people. Susanne Klatten is Stefan’s older sister. When their father died in 1982, Susanne and Stefan inherited his holdings in BMW and the chemical company Altana. Stefan technically owns slightly more BMW shares than his sister and is thus the company’s top individual shareholder.
Quandt owns 26% of BMW, the world’s second-largest automaker. He also owns 85% of the logistics company Logwin, 11% of RHJ International, and 3.6 million Gemalto shares. Quandt owns Biologische Heilmittel Heel, a homeopathic medicine company. He also owns 60% of Entrust Datacard, a passport and credit card producer.
Who is Stefan Quandt?
Stefan Quandt was born in Bad Homburg, West Germany on May 9, 1966, to Nazi industrialist Herbert Quandt. Quandt received his higher education at the University of Karlsruhe, currently known as the Karlsruhe Institute of Technology, where he studied engineering and economics from 1987 to 1993.
Guenther Quandt, Herbert Quandt’s grandfather, turned an inherited family business into an empire. Guenther’s company became the largest apparel maker in Germany during World War I by making military uniforms. When WWI ended, Guenther purchased a battery firm, a sewing machine manufacturer, a cutlery manufacturer, and a major share in automobile manufacturer Daimler (modern-day Mercedes).
From 1921 to 1927, Guenther was married to Magda Ritshcel. Guenther was the father of a son from a previous marriage. Herbert, Susanne’s father, was that son. Magda, Herbert’s stepmother, married the immensely cruel Nazi leader Joseph Goebbels in 1923.
How old is Stefan Quandt?
He is currently 57 years old.
What is Stefan Quandt’s net worth?
He is estimated to be worth $26 Billion.
What is Stefan Quandt’s career?
Quandt acquired 17.4% of the automaker BMW upon his father’s death in 1982, which his father notably saved from bankruptcy in 1959. He increased his stake to 23.7% during the next few years by making additional purchases.
Quandt’s shareholding increased above the 30% threshold after his mother died in 2015, prompting a forced takeover offer under German law. He did, however, request an exemption from those regulations from the Federal Financial Supervisory Authority. He became BMW’s greatest single stakeholder in 2018 after increasing his direct ownership with shares inherited from his mother.
Quandt inherited his father’s stakes in a number of other companies in addition to BMW. Many of them are managed by Delton AG, his strategic management holding firm that specializes in corporate investments in the pharmaceutical and logistics sectors. CEAG, Logwin AG, CeDo Household Products, and Heel, a homeopathic medicines company, are among the holdings. Quandt also owns Aqton SE, which oversees renewable energy ventures such as Heliatek, Solarwatt, and Kiwigrid. Quandt previously owned 18.3% of the digital security company Gemplus International with his mother before it merged with Axalto in 2006.
Quandt worked for the Boston Consulting Group in Munich for a year after graduating from college. From 1994 to 1996, he worked as a marketing manager in Hong Kong for the Minneapolis-based Datacard Group.
Among other things, Quandt has served on the boards of directors of Dresdner Bank, Gerling Konzern Allgemeine Versicherungs, and the Frankfurter Allgemeine Zeitung. He is also a member of the Karlsruhe Institute of Technology’s supervisory board and the chair of the board of the Museum für Moderne Kunst in Frankfurt.
In the meanwhile, Quandt serves on the boards of directors of the BMW Foundation, the Eberhard von Kuenheim Foundation, the Johanna Quandt Foundation, and the Stiftung Charité.
Quandt, together with his mother and sister, made significant contributions to the Christian Democratic Union following the 2013 German federal elections. He contributed to both the CDU and the Free Democratic Party ahead of the 2017 elections.
Source: thpttranhungdao.edu.vn/en/
Categories: News
Source: thpttranhungdao.edu.vn/en/
