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# Johanna Quandt

Random fact: Family has ties to Nazi propagandist Joseph Goebbels.

Overview

The Quandt family controls almost half of Munich-based Bayerische Motoren Werke, the world’s largest maker of luxury vehicles, including BMW and Rolls-Royce, which has sales of more than $100 billion. The family also has an interest in Gemalto, a publicly traded security software designer. The heirs stakes were inherited from Guenther Quandt, a German industrialist.

As of Sept. 22, 2017:
Last change ()
YTD change ()
Industry Auto Manufacturers
Biggest asset N/A
Citizenship Germany
Age 89
Wealth Inherited
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Relative Value

Johanna Quandt's net worth of can buy ...

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of the GDP of the United States
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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

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Biography

Birthdate: 6/21/1926
Family: Widowed, 2 children

The main heirs to the BMW family fortune are Stefan Quandt and Susanne Klatten, the great grandchildren of German industrialist Guenther Quandt. Their father and Guenther's son, Herbert Quandt, saved BMW in Germany's postwar era and developed the Bavarian car manufacturer into the world’s largest maker of luxury vehicles.

After both Herbert and his wife Johanna died, their kids Susanne and Stefan inherited majority stakes in BMW as well as control of Altana and Entrust Datacard. The family foundation, the Quandt family office, and the children's investment entities are based in Bad Homburg, a suburb of Frankfurt.

Milestones
  • 1916 BMW's predecessor, aircraft maker BFW, is founded
  • 1926 Johanna Bruhn is born in Berlin.
  • 1950 Takes job as Herbert Quandt's secretary.
  • 1960 Marries Herbert Quandt, becoming his third wife.
  • 1961 BMW introduces its first sedan, the BMW 1500.
  • 1970 The Herbert Quandt Foundation is established by BMW.
  • 1970 Establishes the BMW Foundation Herbert Quandt.
  • 1973 BMW starts building its first turbo engine.
  • 1978 German police foil kidnapping attempt of Johanna Quandt and her daughter.
  • 1982 Inherits BMW stake and Datacard after Herbert Quandt dies.
  • 1989 BMW's annual production exceeds 500,000 vehicles.
  • 1996 BMW expands investment in South Carolina plant to $800 million.
  • 1998 BMW completes the acquisition of Rolls-Royce.
  • 2007 "The Silence of the Quandt Family" documentary airs exposing Nazi-era crimes.
  • 2010 Celebrates 50th anniversary of BMW under Quandt family rule.
  • 2010 German government recognizes Quandt's support of national media.
  • 2015 Dies in Bad Homburg, Germany.