Stefan Quandt was born on May 9, 1966, in Frankfurt, Germany. Quandt graduated with honors from the Technical University of Karlsruhe in 1993.
What is the Net Worth of Stefan Quandt? Salary, Earnings
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Stefan Quandt’s net worth is $16 billion as of October 2022. As of October 2022, Stefan Quandt’s net worth is expected to reach about $16 billion.
Where was Stefan Quandt born? Ethnicity, Nationality, Family, Education
Stefan Quandt was born on May 9, 1966, in Frankfurt, Germany. Quandt graduated with honors from the Technical University of Karlsruhe in 1993.
He previously worked for The Boston Consulting Group before going on to Datacard Corporation in Minneapolis, Minnesota, where he held roles in corporate accounting and cost accounting until becoming marketing manager at Datacard Asia Pacific Ltd. in Hong Kong.
Herbert Quandt and Johanna Quandt are his parents. Stefan was one of the family members who got money from Stefan’s late father, which included BMW shares.
He was extraordinarily lucky to inherit money, but he also worked hard to maintain it.
Quicks Facts
| Net Worth: | $16 Billion |
|---|---|
| Age: | 56 |
| Born: | May 9, 1966 |
| Gender: | Male |
| Height: | Unknown |
| Country of Origin: | Germany |
| Source of Wealth: | Engineer |
How did Stefan Quandt start his Professional Career?
Quandt shifted his focus to marketing in the mid-1990s and began working as a marketing manager for Datacard Group in Hong Kong. In the early 1980s, he got little more than 17% of BMW from his father, along with several other major holdings.
Delton AG, his holding firm, supervises them all. Furthermore, he owned around 20% of the equity in the digital security business Gemplus International until 2006.
Quandt was appointed to the board in 1997 and has served as its deputy chairwoman since 1999. His contract expires in 2024.
Quandt is now a member of BMW’s supervisory board and formerly served on the boards of Dresdner Bank AG and Gerling Konzern Allgemeine Versicherungs AG. His mother and sister also have shares in many other companies, including BMW.
He rose to prominence as a result of his money. He is one of the world’s wealthiest people. Although the late Herbert Quandt’s whole family is on Forbes’ radar, he was ranked 66th by that publication.
He has investments in various companies other than BMW. He has made investments in firms such as Logwin AG, Heel GmbH, and CEAG.
BMW AG’s Supervisory Board is chaired by German business engineer Stefan Quandt. Quandt has been on the Board of Trustees of the BMW Foundation since 1998.
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