⬅ # 90 Wang Chuanfu|# 92 François Pinault ➡

# 91 Stefan Quandt 

$21.9B

Real Time Net Worth
as of 10/28/2024
-$209.9M (-0.96%)

# 91 Stefan Quandt 

$21.9B

Real Time Net Worth
as of 10/28/2024
-$209.9M (-0.96%)
OccupationHeir, BMW
Source of WealthBMW
Age58
ResidenceFrankfurt, Germany
Marital StatusMarried
Children1
EducationAssociate in Arts/Science, Technical University of Karlsruhe
Age-Adjusted Net Worth$25.1B
Stefan Quandt
Stefan Quandt
Germany
Net worth: $21.9B

Self-Made Score 

Rado True Square Swiss Automatic Watch with Ceramic Strap

Wealth History

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Biography

Overview

Stefan Quandt was born on May 9, 1966, in Bad Homburg, Germany.
He is a German billionaire heir, engineer, and industrialist.
He earned a degree in economics and engineering from the University of Karlsruhe, graduating between 1987 and 1993.
In 2005, Quandt married Katharina, a software engineer, and they have a daughter born on New Year's Eve the same year.
The couple resides in Frankfurt, Germany, and Quandt generally maintains a low profile.

Family Background

Stefan Quandt is the son of Herbert Quandt, a German industrialist, and Johanna Quandt.
His mother, Johanna, was the third wife of Herbert Quandt, who played a crucial role in saving BMW from bankruptcy in 1959.
Upon his father's death in 1982, Stefan inherited 17.4% of BMW, later increasing his ownership to 23.7% through further purchases.
Quandt's sister, Susanne Klatten, the richest woman in Germany, owns 19.1% of BMW.

Career and Business

Stefan Quandt worked at the Boston Consulting Group in Munich from 1993 to 1994.
From 1994 to 1996, he served as a marketing manager in Hong Kong for Datacard Group of Minneapolis.
Quandt is the deputy chairman of BMW's supervisory board, currently holding a significant stake in the company.
Apart from BMW, he manages various investments through his holding companies, Delton AG and Aqton SE, including companies like Heel, Entrust, and Logwin.
Through Aqtivator, a non-profit, Quandt supports projects focusing on education, integration, and equal opportunity for children, youth, and families.

Additional Holdings

Quandt inherited substantial holdings in companies such as CEAG, Logwin AG, Biologische Heilmittel Heel GmbH, and CeDo Household Products through Delton AG.
With his mother, he owned a significant stake in Gemplus International, a digital security company.
Through Aqton SE, Quandt manages investments in renewable energies, including companies like Heliatek, Solarwatt, Kiwigrid, and BHF.

Philanthropy and Activities

Quandt is involved in various non-profit organizations and serves on corporate boards, including the Friends of the Museum für Moderne Kunst and the Karlsruhe Institute of Technology (KIT).
He is a member of the board of trustees for organizations like the BMW Foundation, Eberhard von Kuenheim Foundation, Johanna Quandt Foundation, and Stiftung Charité.
Quandt has also engaged in political activities, making donations to the Christian Democratic Union (CDU) and the Free Democratic Party (FDP) ahead of elections.

Controversy and Historical Context

The Quandt family's Nazi past was revealed in the documentary film 'The Silence of the Quandts,' prompting a commitment to fund a research project examining their activities during Adolf Hitler's dictatorship.
The subsequent study concluded that 'The Quandts were linked inseparably with the crimes of the Nazis.'

Stefan Quandt's Wealth is Equivalent to:

16,882,217 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

4,149,480 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

224,130 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Stefan Quandt?

If you started with $10,000 and invested an additional $500 each month at a 43.72% CAGR, it would take you 5 years to reach Stefan Quandt's net worth of $21.9B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 60.38% compared to 22.68% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Stefan Quandt is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Stefan Quandt, BMW is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey