Stefan Quandt
- January 19, 2024
- Businessman
Quick Facts
Stefan Quandt Biography
| Birthday | May 9 |
| Birth Year | 1966 |
Stefan Quandt is one of the most popular and richest Businessman who was born on May 9, 1966 in Frankfurt, Hesse, Germany.
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:
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.
Stefan Quandt (born 9 May 1966) is a German billionaire heir, engineer and industrialist.
Stefan Quandt Net Worth
| Net Worth | 15.2 billion USD (2020) |
| Source Of Income | Businessman |
| House | Living in own house. |
Net Worth: As of 2020, Stefan Quandt’s net worth stands at an impressive $15.2 billion USD, marking him as one of the richest businessmen in the world. His wealth is primarily generated from his shareholdings in BMW, a significant player in the global automotive industry. In comparison to similar magnates in the industry, his wealth surpasses that of many, placing him amongst the wealthiest in the sector.
Early Life: Born in Bad Homburg to Herbert Quandt and Johanna Quandt, Stefan Quandt was presented with an illustrious lineage of successful entrepreneurs from a young age. His father was a notable industrialist and his mother an equally successful businesswoman. Quandt pursued an education in economics and engineering, obtaining a degree from the University of Karlsruhe from 1987 to 1993.
Career and Financial Growth: Quandt began his professional career in 1993, joining the Boston Consulting Group in Munich. He later moved to the Datacard Group of Minneapolis in 1994, working as a marketing manager in Hong Kong. However, the major boost to his wealth came in 1982, following his father’s death, when he inherited 17.4% of BMW, a company that his father saved from bankruptcy in 1959. This stake in BMW would later increase, and following his mother’s death in 2015, his stake in BMW temporarily jumped to 34.19%, eventually settling at a substantial 23.7%.
Source of net worth: His primary source of wealth is his large stake in BMW, which has seen considerable growth over the years. Apart from BMW, Quandt has extensive holdings in other companies, managed through his holding company, Delton AG. These investments, along with his stake in BMW, form the major contributing factors to his enormous wealth.
Personal Projects and Ventures: Beyond his involvement in BMW and other business ventures, Quandt is also invested in social responsibility projects. Through his non-profit, Aqtivator, Quandt support projects for children, youth, and families with a focus on education, integration, and equal opportunity.
Philanthropy: Stefan Quandt has engaged in several philanthropic ventures. After the Quandt’s family past was brought to light in a 2007 documentary, he and his family members announced their intend to fund a comprehensive research project to delve into their family’s activities during Adolf Hitler’s dictatorship.
Recent Developments: As the largest single shareholder of BMW, Quandt’s wealth is inherently tied to the performance of the company. As the automotive sector undergoes significant transitions, particularly towards electric and autonomous vehicles, Quandt’s financial standing could potentially be affected. His ongoing commitment to philanthropy and his expanding investments in various sectors suggest that he is continuously looking for ways to grow his wealth, diversify his portfolio and make positive contributions to society.
Height, Weight & Body Measurements
Stefan Quandt height Not available right now. Stefan weight Not Known & body measurements will update soon.
Who is Stefan Quandt Dating?
According to our records, Stefan Quandt married to Katharina Quandt. As of January 13, 2024, Stefan Quandt’s is not dating anyone.
Relationships Record : We have no records of past relationships for Stefan Quandt. You may help us to build the dating records for Stefan Quandt!
Facts & Trivia
Stefan Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in Germany. Stefan Quandt celebrates birthday on May 9 of every year.
Does the Quandt family still own BMW?
Stefan Quandt owns 23.6% of automaker BMW ; his sister, Susanne Klatten, the richest woman in Germany, owns 19.1%. Their late mother, Johanna, was the third wife of legendary industrialist Herbert Quandt, who guided BMW to preeminence in the luxury market.
How much is the Quandt family worth?
The Quandt family is the 8th wealthiest family in the world, with a combined $42.7 billion net worth. The Quandt family fortune began when Herbert Quandt turned BMW from a struggling car company into one of the largest luxury car companies in the world.
What is the net worth of BMW CEO?
Susanne Klatten keeps a lower profile than the Tesla Motors founder. But with an estimated net worth of $18.5 billion , the BMW heiress is the richest person in the auto industry.
What is Susanne Klatten net worth?
24.4 billion USD (2022)
How much is Stefan Quandt worth?
20.7 billion USD (2022)