Net Worth

Stefan Quandt Net Worth

Stefan Quandt Net Worth

What is Stefan Quandt’s Net Worth in 2022?

Stefan Quandt is a member of the BMW AG Supervisory Board and a German business engineer. Quandt has been a member of the BMW Foundation’s Board of Trustees since 1998.

Johanna Quandt and Herbert Quandt are his parents. Stefan was one of the relatives that inherited his late father’s fortune, which included BMW stock.

Stefan Quandt was lucky enough to inherit a fortune, but he has worked hard to keep it.

Stefan Quandt’s net worth is estimated to be $16 billion in 2022.

Net Worth: $16 Million
Age: 55
Date of Birth: May 9, 1966
Nationality: Germany
Profession: Engineer
Updated: 2022

Formative Years

Stefan Quandt was born in Frankfurt, Germany, on May 9, 1966. Quandt earned a diploma in business engineering from the Technical University of Karlsruhe in 1993.

He worked in cost accounting and corporate accounting at Datacard Corporation in Minneapolis, Minnesota, and then as Marketing Manager at Datacard Asia Pacific Ltd. in Hong Kong, after a stint with The Boston Consulting Group.

Stefan Quandt Career

In the mid-1990s, Quandt turned his concentration to marketing, working as a marketing manager for Datacard Group in Hong Kong. He inherited slightly over 17 percent of BMW from his father in the early 1980s, along with various other significant interests.

He oversees them all through his holding company, Delton AG. He also held nearly 20% of Gemplus International, a digital security firm, until 2006.

Quandt has served as the board’s deputy chairwoman since 1999, having joined the board in 1997. His term is set to end in 2024.

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Quandt previously served on the boards of Dresdner Bank AG and Gerling Konzern Allgemeine Versicherungs AG, and is currently a member of BMW’s supervisory board. BMW, as well as several other firms, are owned by his mother and sister.

He became famous as a result of his fortune. He is one of the wealthiest people on the planet. Forbes placed him 66th in the world.

He owns stock in several companies in addition to BMW. Logwin AG, Heel GmbH, and CEAG are among the companies in which he has invested.

Stefan Quandt’s net worth is expected to be at $16 billion in 2022.

Memorable Moments:

  • BMW is owned by Quandt, who owns a 26% share in the company.
  • He also controls 85 percent of Logwin, a logistics company.

In Conclusion

Stefan Quandt is a German automobile heir and one of the country’s wealthiest persons. He previously served on the boards of Dresdner Bank AG and Gerling Konzern Allgemeine Versicherungs AG, and is currently a member of BMW’s supervisory board. BMW, the world’s second-largest automaker, is owned by Quandt, who owns a 26 percent share.

We may all believe Quandt has a flawless existence. He has, nonetheless, been having difficulties. It was a huge struggle for him to inherit such a large sum of money from his father. The likelihood of the company collapsing under his leadership was considerable, prompting him to consider how to keep it going.

Stefan Quandt’s net worth is expected to be at $16 billion in 2022.

The Author

Oladotun Olayemi

Dotun is a content enthusiast who specializes in first-in-class content, including finance, travel, crypto, blockchain, market, and business to educate and inform readers.