The wealth of one thousand richest Germans exceeds EUR 1.1 trillion – according to the latest ranking published by the German newspaper Welt am Sonntag. Invariably, the largest billionaires just beyond our western border are headed by Dieter Schwarz, owner of the Lidl and Kaufland chain stores. His fortune is twice that of the second-placed Reimann family.
- Among the 10 richest Germans (including families) there are, among others owners of brands and companies known in Poland, such as Lidl, Aldi, Volskwagen, BMW and SAP
- One of the places was the majority shareholder of the company in which a Pole is working on a vaccine for the coronavirus
- Many billionaires protect their privacy, so some of them lack official photos
- More such stories can be found on the Onet.pl home page
We present 10 people (including families) who have the greatest fortunes in Germany. Their total assets are estimated by “Welt am Sonntag” to almost 191 billion euros.
10. Heinz Hermann Thiele – 13 billion euros
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Heinz Hermann Thiele is one of the most mysterious investors in the German market. He is the majority shareholder and honorary chairman of the supervisory board of Knorr-Bremse, a German manufacturer of brakes. He started working in this company as a lawyer in 1969. In 1984 he became the company’s president, and since 1985 he has been successively acquiring the company’s shares. He made a fortune in this way.
Thiele also has a majority stake in Vossloh, a manufacturer of transportation technology. He is also investing in the aviation industry – now he is largest shareholder of Lufthansa. Thiele still had only 5 percent at the beginning of 2020. shares of the German carrier. However, when this year’s pandemic crisis began, the businessman bought more shares, increasing his stake to 15.5%.
9. Stefan Quandt – 13.6 billion euros
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Stefan Quandt is the son of i heir to Herbert Quandt, who saved BWM from bankruptcy. It owns about a quarter of the company’s shares, now the world’s second largest luxury car manufacturer. Quandt is also the vice president of the company’s supervisory board.
Through its holding companies, it also controls businesses from other sectors, including Heel, which produces homeopathic medicines, Cedo, which produces products for the home, or Heliatek, which is a producer of solar panels.
8. The family of Karl Albrecht Jr. – EUR 14 billion
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Karl Albrecht Jr. He is the son of Karl Albrecht, which he and his brother Theo founded the Aldi discount chain, then divided into the northern part, Ali Nord (it operates in Poland) and the southern part, Aldi Süd. In the past, Karl Albrecht Jr. he worked in a family business. Under his partial control is the family fund of the Siepmann Stiftung (named after his mother), which in turn controls the Aldi Süd discovery network,
7. Beate and Peter Max Heister – 14 billion euros
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Beate Hiester also made a fortune thanks to the family chain Aldi. She is the daughter of Karl Albrecht and together with her brother she controls the family fund Siepmann Stiftung, which manages the discount business. Beate, her husband Peter and son Peter Max also serve on Aldi’s advisory board.
6. Hasso Plattner – 14.4 billion euros
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Hasso Plattner is a co-founder of the IT company SAP. In the past, he was one of the two CEOs. Currently, he is the head of the supervisory board in SAP.
Plattner joined Warren Buffett and Bill Gates’ The Giving Pledge, which the signatories are aiming for donating more than half of the property to charity.
5. Dietmar Hopp – 14.5 billion euros
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Dietmar Hopp is one of the co-founders of the IT company SAP. The money he made he invested in the failing football club Hoffenheim, which has turned from a country side to a powerhouse and plays for the Bundesliga. However, it still is today the enemy of many fanswho believe that the club he created is a force-pumped creation.
Hopp is also the majority shareholder of the German biotechnology company CureVac. It got loud when she announced in March 2020 that it will probably produce a SARS-CoV-2 vaccine by autumn this year. Then The United States has announced that it would like to take over the company to have faster access to the vaccine.
At CureVec, work on the vaccine and other scientific issues is led by Polsa Dr. Mariola Fotin-Mleczek, We were the first to describe our history in Business Insider Polska. In August, the European Commission completed talks to purchase 225 million doses of the coronavirus vaccine from CureVac.
4. Susanne Klatten – 15.1 billion euros
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Susanne Klatten is the richest woman in Germany. She is the daughter and heir of Herbert Quandt. Klatten owns approx. 20 percent. BMW shares and sits on the supervisory board of the automotive giant. It is also the owner of the company Altana, operating in the chemical and pharmaceutical industries, and also holds shares in SGL Carbon, which produces composites.
3. The Wolfgang Porsche family – EUR 20 billion
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The third place belongs to the Wolfgang Porsche family (second from left at the bottom in the photo), whose assets are estimated at EUR 20 billion. Together with the Piech family, the Porsche family controls the Porsche Automobil Holding company, the majority shareholder of the German automotive giant Volkswagen. He, in turn, is now the owner of the Porsche car brand, founded by Wolfgang Porsche’s grandfather, Ferdinand.
2. The Reimann family – EUR 21.45 billion
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The Reimann family, whose total assets are estimated at EUR 21.45 billion, came second. Through JAB Holding Company, they are a minority shareholder in the chemical company Reckitt Benckiser (it stands behind brands such as Calgon and Durex), it is controlled by companies such as Coty, Jacobs Douwe Egberts and Jimmy Choo. In recent years, the holding took over, among others brands such as Keurig and Panera. Family members include Peter Harf (pictured) who serves as chairman of the JAB Holidng Company.
1. Dieter Schwarz – 41.8 billion euros
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The largest property in Germany is owned by Dieter Schwarz, an 80-year-old owner of the Lidl and Kaufland chain stores, also present in Poland. With a fortune valued at 41.8 billion euros, he is the richest German in modern history, selling off the Reimann family twice. The Schwarz Group, in turn, controlling Kauflanda and Lidl, with annual revenues of EUR 113.3 billion, is still the largest family company in Germany.
All data in the ranking of the 1000 richest Germans published by “Welt am Sonntag” are estimates. They are based on data from registers, archives and collections of documents and consultations with asset managers, financial experts, economists, lawyers and the ranking representatives themselves.
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