⬅ # 88 Vinod Adani|# 90 Wang Chuanfu ➡

# 89 Susanne Klatten 

$22.4B

Real Time Net Worth
as of 10/28/2024
-$173.3M (-0.77%)

# 89 Susanne Klatten 

$22.4B

Real Time Net Worth
as of 10/28/2024
-$173.3M (-0.77%)
Source of WealthBMW, Pharmaceuticals
Age62
ResidenceBad Homburg, Germany
Marital StatusMarried
Children3
EducationMBA, International Institute for Management and Development
Age-Adjusted Net Worth$19.6B
Susanne Klatten
Susanne Klatten
Germany
Net worth: $22.4B

Self-Made Score 

Luminox Men's Sea Sport Timer Automatic 0920 Series Watch

Wealth History

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Biography

Overview

Full Name: Susanne Hanna Ursula Klatten (née Quandt)
Date of Birth: April 28, 1962
Birthplace: Bad Homburg, West Germany
Parents: Herbert and Johanna Quandt
Education: Degree in business finance, Marketing and Management course at the University of Buckingham, MBA from IMD Business School in Lausanne specializing in advertising

Career and Business Ventures

Worked at Young & Rubicam in Frankfurt (1981-1983)
Business experience in London with Dresdner Bank, McKinsey, and Bankhaus Reuschel & Co.
Inherited 50.1% stake in Altana, transformed it into a world-class corporation
Altana AG sold pharmaceutical activities to Nycomed for €4.5 billion in 2006
Bought almost all remaining shares in Altana in 2009
Owns 19.2% stake in BMW
Member of the supervisory board of BMW since 1997
Owns options to raise stake in SGL Carbon from 8% to almost a quarter

Family History and Quandt Family Activities

Inherited 12.50% stake in BMW from her father
Quandt family faced scrutiny for their role in Nazi-era activities
Funded a research project to examine the family's activities during World War II
Independent study concluded the Quandts were linked inseparably with Nazi crimes

Personal Life

Police prevented a kidnapping attempt on her and her mother Johanna Quandt in 1978
Met Jan Klatten during an internship at BMW, married in 1990
Separated from Jan Klatten in 2018
Has three children
Member of the University Council of the Technical University of Munich since 2005
Awarded the Bayerischer Verdienstorden in 2007
One of the biggest donors to the Christian Democratic Union

Blackmail Incident

Blackmailed in 2007 by Helg 'Russak' Sgarbi, a Swiss national
Sgarbi threatened to release evidence of an affair
Sgarbi sentenced to six years in jail in 2009, accomplice Ernano Barretta sentenced to seven years in 2012

Susanne Klatten's Wealth is Equivalent to:

17,259,430 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

4,242,195 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

229,138 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Susanne Klatten?

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 Susanne Klatten's net worth of $22.4B.

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

Susanne Klatten 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 Susanne Klatten, BMW and Pharmaceuticals are the primary sources. 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