Stefan Quandt

About Stefan Quandt

Birth Day: May 09, 1966
Birth Place: Frankfurt, Germany, Germany
Birth Sign: Gemini
Residence: Frankfurt, Germany
Occupation: Businessman
Spouse(s): Katharina Quandt
Children: 2
Parent(s): Herbert Quandt and Johanna Quandt

Stefan Quandt Net Worth

Stefan Quandt was bornon May 09, 1966 in Frankfurt, Germany, Germany. Stefan Quandt, son of the late Herbert and Johanna Quandt, owns 25.6% of the automaker famous for its BMW, Mini and Rolls Royce brands. His sister, Susanne, owns 20.8% of BMW. Both sit on the company's supervisory board; Stefan is its deputy chairman, and many observers believe he is being groomed to head the board. After graduating from Technical University of Karlsruhe, where he studied economics and engineering, he worked at Boston Consulting and as a Hong Kong-based marketing manager for a company he owns: Entrust Datacard Corp. Based in Minneapolis, it specializes in identity-card issuance and technologies for online and mobile identity and transaction authentication. He owns and manages Delton AG, a holding company whose subsidiaries include a $2 billion (estimated sales) maker of homeopathic drugs and a logistics company. Another 100%-owned holding company is Aqton SE, which owns a Gemalto of the Netherlands -- a company similar to Entrust Datacard. Another 100%-owned holding company is Aqton SE, which owns a stake in Gemalto of the Netherlands -- a company similar to Entrust Datacard. In 2012, under the umbrella of Aqton, he bought 94% of bankrupt solar module maker Solarwatt, which subsequently entered into a partnership with BMW. It's now focused on providing solar power for rooftop systems and carports.
Stefan Quandt is a member of Automotive

💰 Net worth: $19.9 Billion (Updated at 22 June 2018)

2009 $4.6 Billion
2010 $5.7 Billion
2011 $10.7 Billion
2012 $11.2 Billion
2013 $11.9 Billion
2014 $14.9 Billion
2015 $15.6 Billion
2016 $15.6 Billion
2017 $18.3 Billion
2018 $21.56 Billion

Some Stefan Quandt images

Biography/Timeline

1982

On his father's death in 1982 he inherited 17.4% of BMW, the company his Father had saved from bankruptcy in 1959. Quandt also inherited from his Father substantial holdings in other companies, many of which he runs through his holding company, Delton AG. These include:

1987

He was born in Bad Homburg to Herbert Quandt and Johanna Quandt. He attended the University of Karlsruhe where he studied engineering from 1987 to 1993.

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.

2005

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 sighted watching football matches but otherwise keeps a low profile.

2006

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 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.

2007

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 that was released in 2011 concluded: "The Quandts were linked inseparably with the crimes of the Nazis"-Joachim Scholtyseck, the Bonn Historian who compiled and researched the study. As of 2008 no compensation, apology or memorial at the site of one of their factories, have been permitted. BMW was not implicated in the report.