Stefan Quandt, Age, Biography And Net Worth

Stefan Quandt, Age, Biography And Net Worth

Stefan Quandt Net Worth

Stefan Quandt's net worth was indeed estimated at around $26 billion. He is known for his significant holdings in BMW, inherited from his family's stake in the company.

NameStefan Quandt
GenderMale
Date of BirthMay 9, 1966
Age57years old
Place of BirthBad Homburg vor der Höhe
ProfessionIndustrialist, Engineer
NationalityGermany
Net worth$26 Billion

Background 

Stefan Quandt, a German billionaire heir with a net worth of $23.2 billion, maintains a discreet yet influential presence in the global financial scene. Born on May 9, 1966, into a family deeply entrenched in industrial pursuits, Quandt's academic journey in economics and engineering laid the groundwork for his diverse career.

Inheriting a substantial stake in BMW and other ventures through Delton AG and Aqton SE, he has strategically invested across various sectors, including automotive and renewable energies. Notably, Quandt is recognized for his philanthropic endeavors and innovative initiatives, reflecting his multifaceted impact. He resides in Frankfurt, Germany, with his wife Katharina, whom he married in 2005, and their daughter. Despite his considerable wealth and influence, Quandt maintains a low profile, rarely engaging in public appearances or interviews.

Stefan Quandt Age

As of the time of this update Quandt is 57 years old.

Stefan Quandt Career

Stefan Quandt, a significant presence in the business world, inherited a substantial share in BMW following his father's demise in 1982, initially holding 17.4% which he later augmented to 23.7%. After his mother's passing in 2015, his stake surged to over 30%, prompting a takeover bid. Seeking an exemption, Quandt eventually emerged as BMW's principal shareholder in 2018.

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Aside from his BMW involvement, Quandt wields influence across a spectrum of enterprises through Delton AG, with interests spanning pharmaceuticals and logistics. His varied holdings include CEAG, Logwin AG, CeDo Household Products, and Heel. Additionally, Aqton SE, overseen by Quandt, oversees investments in renewable energy. Notably, he also had a stake in Gemplus International before its 2006 merger.

Quandt's professional journey commenced with positions at Boston Consulting Group post-graduation, followed by a tenure as a marketing manager in Hong Kong. Subsequently, he assumed roles on the boards of Dresdner Bank and Gerling Konzern. Demonstrating a commitment to education, he supports numerous initiatives through his non-profit, Activator.

Furthermore, Quandt actively engages in philanthropic foundations, underscoring his dedication to effecting positive change beyond the corporate realm. With a diverse portfolio and philanthropic pursuits, Stefan Quandt emerges as a notable figure in both corporate and charitable arenas.

Stefan Quandt Family

In 2005, Quandt married Katharina, a software engineer, and they welcomed their daughter later the same year. The couple maintains a low-key lifestyle in Frankfurt.





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