Billionaire of the day

Cortedivoire

Elder Lister
Stefan Quandt (born 9 May 1966) is a German billionaire heir, engineer and industrialist.


On his father's death in 1982 he inherited 17.4% of BMW, the company his father had saved from bankruptcy in 1959. From further purchases he now owns 23.7% of the company.


Quandt also inherited from his father substantial holdings in other companies, many of which he runs through his holding company, Delton AG.

His net worth is US$21.2 billion and ranked at number 86 richest person in the world
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