Stefan Quandt

Family member

1966 –

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Who is Stefan Quandt?

Stefan Quandt is a German engineer and industrialist. He is ranked as the 66th richest person in the world in the Forbes list of billionaires, who put his personal wealth at $14.9 billion

He was born in Bad Homburg to Herbert Quandt and Johanna Quandt. He attended the University of Karlsruhe where he studied engineering from 1987 to 1993. From 1993-1994, he worked for the Boston Consulting Group in Munich. From 1994 to 1996 he worked for Datacard Group of Minneapolis as a marketing manager in Hong Kong.

On his father's death in 1982 he acquired 17.4% of BMW, the company his father had saved from bankruptcy in 1959. Quandt also inherited from his father substantial holdings in other companies, many of which he runs through his holding company, Delton AG. These include:

76.8% of CEAG,

50.3% of Logwin AG

100% of Heel GmbH, which makes homeopathic medicines

100% of CeDo Household Products, which makes freezer bags, plastic and aluminium wraps and foils, bin liners, and coffee filters.

With his mother, he owned 18.3% of Gemplus International, a large digital security company, before its merger to form Gemalto in 2006.

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Born
May 9, 1966
Bad Homburg vor der Höhe
Also known as
  • Stefan
Parents
Siblings
Nationality
  • Germany
Education
  • Karlsruhe Institute of Technology

Submitted
on July 23, 2013

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