In 2018, Quandt became BMW's largest single shareholder when his direct ownership increased with shares inherited from his mother, giving him a so-called "blocking stake" of 25.83 percent, worth 13.4 billion euros ($16.6 billion). [7] He currently [when?] is deputy chairman of the BMW supervisory board. [8].
He claimed that a BMW heir's son had been involved with the singer and even had a private video as evidence, none of which has been verified. Talking about the alleged Jennie incident, he added. Around 90% of the fortune of Stefan Quandt comes from BMW, Mini and Rolls Royce, but he also has the ownership of Heel, interests in Logwin, a logistics company, a homeopathic firm and in the credit-card and passport manufacturer Datacard Group.
When he inherited the firm some stakes were also given to his mother Johanna and his sister, with the family owning around 47% of the company together. 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.
Discover who owns BMW, its top shareholders including the Quandt family, and explore all the companies and brands under the BMW Group. Born on May 9, 1966, in Bad Homburg, Germany, Stefan Quandt is the son of Herbert Quandt and Johanna Quandt. The Quandt family has been deeply intertwined with the BMW brand for decades.
Herbert Quandt, Stefan's father, played a pivotal role in rescuing BMW from bankruptcy in the 1950s, laying the groundwork for what would become a global automotive powerhouse. After Herbert's passing. BMW is owned by parent company BMW Group, which in turn is owned by Stefan Quandt and Susanne Klatten, with the remaining shares owned by the public.
Susanne Klatten owns the chemical company Altana, half of the BMW group (her brother owns the other half), and other companies such as SGL Carbon SE. Since 2008, Susanne Klatten has been investing an increasing amount in green businesses such as the major wind turbine manufacturer Nordex. Technically, Stefan owns slightly more shares of BMW than his sister, and is therefore the company's largest individual shareholder.
Quandt owns a 26% stake in the world's second. Son Stefan, who once worked at Boston Consulting Group, inherited 17.4% of the company and later joined BMW's supervisory board in 1996. There he was joined by sister Susanne Klatten who inherited 12.5% of BMW from her father.