Stefan Quandt
Automotive

Stefan Quandt Net Worth

Stefan Quandt is the son of the late Herbert and Johanna Quandt and owns 25.6% of the BMW Group. He is the deputy chairman of the company's supervisory board and is believed to be in line to take over the board. After graduating from Technical University of Karlsruhe, he worked at Boston Consulting and as a Hong Kong-based marketing manager. He owns and manages Delton AG, a holding company with subsidiaries in homeopathic drugs and logistics, as well as Aqton SE, which owns a stake in Gemalto of the Netherlands. In 2012, he bought 94% of bankrupt solar module maker Solarwatt, which is now focused on providing solar power for rooftop systems and carports.
Stefan Quandt is a member of Automotive

Age, Biography and Wiki

Birth Day May 09, 1966
Birth Place Frankfurt, Germany, Germany
Age 57 YEARS OLD
Birth Sign Gemini
Residence Frankfurt, Germany
Occupation Businessman
Spouse(s) Katharina Quandt
Children 2
Parent(s) Herbert Quandt and Johanna Quandt

💰 Net worth: $24.6 Billion (2024)

Stefan Quandt, a prominent figure in the automotive industry in Germany, is anticipated to have a net worth of a staggering $24.6 billion by the year 2024. As a member of the influential Quandt family, Stefan has played a pivotal role in shaping the success of the German automobile company, BMW. With his impressive wealth, he not only contributes to the growth and stability of the automotive sector but also holds significant influence in the business world. Stefan Quandt's net worth serves as a testament to his remarkable achievements and positions him as a prominent figure in the global automotive industry.

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

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.

Some Stefan Quandt images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.