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
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