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BMW major shareholder: Johanna Quandt dies

BMW major shareholder
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S eit After the death of her husband in 1982, Johanna Quandt managed a billion-dollar empire with company investments. Her fortune is estimated at 13.9 billion US dollars (the equivalent of 12.6 billion euros). This puts her on the Forbes list of the richest people in the world at number 77. In 2014 alone, she and her children Susanne Klatten and Stefan Quandt, who together own 46.7 percent of BMW ordinary shares, received a dividend of 815 million euros .

Johanna Quandt also owns shares in SGL Carbon, as well as in Altana and Nordex. Johanna Maria Quandt, who was born in Berlin, was at times also a member of the supervisory board of BMW and in 1995 founded the Johanna Quandt Foundation, which advocates 'understanding the market economy and the importance of private entrepreneurship as a vehicle for economic development in to promote the public and the media '.

Every year the foundation awards the Herbert Quandt Media Prize for journalistic work. Furthermore, together with the Berlin University Clinic, she founded the Charité Foundation to support economic and scientific projects. Quandt received the Great Federal Cross of Merit in 2009.

Her husband Herbert Quandt used his fortune to save the BMW Group, which was threatened with bankruptcy at the end of the 1950s and was about to be taken over by Daimler. During the National Socialist era, Quandt was a member of the NSDAP and a member of the board of the Varta predecessor Accumulatoren-Fabrik AG, who used slave labor in subsidiaries.

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