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Stefan Quandt

Stefan Quandt (born 9 May 1966) is a German billionaire heir, engineer and industrialist. As of October 2021, his net worth is estimated at US$23.2 billion and ranked at number 89 on Bloomberg Billionaires Index.

Stefan Quandt
Quandt in 2015
Born (1966-05-09)9 May 1966 (age 55)
Bad Homburg, Germany
EducationKarlsruhe Institute of Technology
OccupationBusinessman
Spouse(s)Katharina Quandt
Children2
Parent(s)Herbert Quandt
Johanna Quandt
RelativesSusanne Klatten (sister)


Contents

He was born in Bad Homburg to Herbert Quandt and Johanna Quandt. He earned a degree from the University of Karlsruhe where he studied economics and engineering, from 1987 to 1993.

From 1993–1994, he worked for the Boston Consulting Group in Munich. From 1994 to 1996 he worked for Datacard Group of Minneapolis as a marketing manager in Hong Kong.

On his father's death in 1982 he inherited 17.4% of BMW, the company his father had saved from bankruptcy in 1959. From further purchases he now owns 23.7% of the company.

Quandt also inherited from his father substantial holdings in other companies, many of which he runs through his holding company, Delton AG. These include:

With a second holding company, Aqton SE, Stefan Quandt manages his investments in renewable energies:

  • Heliatek, organic solar panels
  • Solarwatt, manufacturer of PV panels, solar batteries and energy management solutions
  • Kiwigrid, grid based renewable energy solution for utilities.

With his mother, he owned 18.3% of Gemplus International, a large digital security company, before its merger to form Gemalto in 2006. He currently[when?] serves BMW as a deputy chairman of the supervisory board. He also has held seats on the supervisory boards of Dresdner Bank AG and of the Gerling Konzern Allgemeine Versicherungs AG. Rumours predict he will eventually become head of BMW's supervisory board. His mother Johanna Quandt and sister Susanne Klatten are also substantial shareholders in BMW and other large German companies making them one of the wealthiest families in the world.

In autumn 2005, he married Katharina, a software engineer. They have a daughter, born on New Year's Eve that same year. He has been seen watching football matches, but otherwise keeps a low profile. They live in Frankfurt, Germany.

The Hanns-Joachim-Friedrichs-Award winning documentary film The Silence of the Quandts by the German public broadcaster ARD described in October 2007 the role of the Quandt family businesses during the Second World War. The family's Nazi past was not well known, but the documentary film revealed this to a wide audience and confronted the Quandts about the use of slave labourers in the family's factories during World War II. As a result, five days after the showing, four family members announced, on behalf of the entire Quandt family, their intention to fund a research project in which a historian will examine the family's activities during Adolf Hitler's dictatorship. The independent 1,200-page study researched and compiled by Bonn historian, Joachim Scholtyseck, that was released in 2011 concluded: "The Quandts were linked inseparably with the crimes of the Nazis". As of 2008[update] no compensation, apology or memorial at the site of one of their factories, have been permitted. BMW was not implicated in the report.

  1. "Forbes profile: Stefan Quandt". Forbes. Retrieved19 October 2021.
  2. "Bloomberg Billionaires Index - # 89 Stefan Quandt $21.2B". Bloomberg L.P. 31 October 2021. Retrieved1 November 2021.
  3. BMW Group : BMW AG share & dept : Shareholder structure
  4. Handelsblatt: BMW Battery Baron at Full Power
  5. "BMW Group : Investor Relations : Supervisory Board".
  6. The Silence of the Quandts (English subtitles, German narration) on YouTube
  7. Emma Bode and Brigitte Fehlau (29 November 2008). "The Silence of the Quandts: The history of a wealthy German family. A documentary film by Eric Friedler and Barbara Siebert". World Socialist Web Site. Retrieved15 November 2014.
  8. Paterson, Tony (29 September 2011). "BMW dynasty breaks silence on its Nazi past". The Independent. Retrieved15 November 2014.
  9. Bonstein, Julia (10 December 2007), "Breaking the Silence: BMW's Quandt Family to Investigate Wealth Amassed in Third Reich", Der Spiegel

Stefan Quandt
Stefan Quandt Language Watch Edit Stefan Quandt born 9 May 1966 is a German billionaire heir engineer and industrialist As of October 2021 his net worth is estimated at US 23 2 billion 1 and ranked at number 89 on Bloomberg Billionaires Index 2 Stefan QuandtQuandt in 2015Born 1966 05 09 9 May 1966 age 55 Bad Homburg GermanyEducationKarlsruhe Institute of TechnologyOccupationBusinessmanSpouse s Katharina QuandtChildren2Parent s Herbert Quandt Johanna QuandtRelativesSusanne Klatten sister Contents 1 Early life 2 Career 3 Personal life 4 The Silence of the Quandts 5 References 6 External linksEarly life EditHe was born in Bad Homburg to Herbert Quandt and Johanna Quandt He earned a degree from the University of Karlsruhe where he studied economics and engineering 1 from 1987 to 1993 Career EditFrom 1993 1994 he worked for the Boston Consulting Group in Munich From 1994 to 1996 he worked for Datacard Group of Minneapolis as a marketing manager in Hong Kong On his father s death in 1982 he inherited 17 4 of BMW 3 the company his father had saved from bankruptcy in 1959 From further purchases he now owns 23 7 of the company 1 Quandt also inherited from his father substantial holdings in other companies many of which he runs through his holding company Delton AG These include 76 8 of CEAG small power supplies and recharging devices for mobile phones 87 6 of Logwin AG formerly Thiel Logistik a logistics and freight forwarding company 100 of Biologische Heilmittel Heel GmbH which makes homeopathic preparations 100 of CeDo Household Products which makes freezer bags plastic and aluminium wraps and foils bin liners and coffee filters With a second holding company Aqton SE Stefan Quandt manages his investments in renewable energies 4 Heliatek organic solar panels Solarwatt manufacturer of PV panels solar batteries and energy management solutions Kiwigrid grid based renewable energy solution for utilities With his mother he owned 18 3 of Gemplus International a large digital security company before its merger to form Gemalto in 2006 He currently when serves BMW as a deputy chairman of the supervisory board 5 He also has held seats on the supervisory boards of Dresdner Bank AG and of the Gerling Konzern Allgemeine Versicherungs AG Rumours predict he will eventually become head of BMW s supervisory board His mother Johanna Quandt and sister Susanne Klatten are also substantial shareholders in BMW and other large German companies making them one of the wealthiest families in the world Personal life EditIn autumn 2005 he married Katharina a software engineer They have a daughter born on New Year s Eve that same year He has been seen watching football matches but otherwise keeps a low profile They live in Frankfurt Germany 1 The Silence of the Quandts EditThe Hanns Joachim Friedrichs Award winning documentary film The Silence of the Quandts 6 7 by the German public broadcaster ARD described in October 2007 the role of the Quandt family businesses during the Second World War The family s Nazi past was not well known but the documentary film revealed this to a wide audience and confronted the Quandts about the use of slave labourers in the family s factories during World War II As a result five days after the showing 8 four family members announced on behalf of the entire Quandt family their intention to fund a research project in which a historian will examine the family s activities during Adolf Hitler s dictatorship 9 The independent 1 200 page study researched and compiled by Bonn historian Joachim Scholtyseck that was released in 2011 concluded The Quandts were linked inseparably with the crimes of the Nazis 8 As of 2008 update no compensation apology or memorial at the site of one of their factories have been permitted 7 BMW was not implicated in the report 8 References Edit a b c d Forbes profile Stefan Quandt Forbes Retrieved 19 October 2021 Bloomberg Billionaires Index 89 Stefan Quandt 21 2B Bloomberg L P 31 October 2021 Retrieved 1 November 2021 BMW Group BMW AG share amp dept Shareholder structure Handelsblatt BMW Battery Baron at Full Power BMW Group Investor Relations Supervisory Board The Silence of the Quandts English subtitles German narration on YouTube a b Emma Bode and Brigitte Fehlau 29 November 2008 The Silence of the Quandts The history of a wealthy German family A documentary film by Eric Friedler and Barbara Siebert World Socialist Web Site Retrieved 15 November 2014 a b c Paterson Tony 29 September 2011 BMW dynasty breaks silence on its Nazi past The Independent Retrieved 15 November 2014 Bonstein Julia 10 December 2007 Breaking the Silence BMW s Quandt Family to Investigate Wealth Amassed in Third Reich Der SpiegelExternal links EditPhoto Retrieved from https en wikipedia org w index php title Stefan Quandt amp oldid 1053076375, wikipedia, wiki, book,

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