#110
Stefan Quandt
Germany 60 years old
Overview
- Source of Wealth
- BMW
- Industry
- Automotive
- Residence
- Frankfurt
- Education
- Technical University of Karlsruhe (Associate in Arts/Science)
- Marital Status
- Married
- Children
- 1
Assets
- BMW AG155,484,000 shares @ --BMW-DE
- Logwin AG2,513,000 shares @ --TGHN-DE
Biography
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.
Both siblings serve on BMW's supervisory board; Quandt is deputy chairman.
His holdings also include Heel (homeopathic medicine), Entrust (digital identity and data security) and Logwin (logistics).
He graduated from the Technical University of Karlsruhe, where he studied economics and engineering.
About
After university, Quandt worked at Boston Consulting and as a Hong Kong-based marketing manager for Entrust, which is headquartered in Minneapolis.