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Johanna Quandt
German businessman

Johanna Quandt

The basics

Quick Facts

Intro
German businessman
Places
Work field
Gender
Female
Place of birth
Berlin
Place of death
Bad Homburg vor der Höhe
Age
89 years
Family
Mother:
Marianne Bruhn
Father:
Wolfgang Bruhn
Spouse:
Herbert Quandt
Children:
Susanne Klatten Stefan Quandt
The details (from wikipedia)

Biography

Johanna Maria Quandt (née Bruhn; 21 June 1926 – 3 August 2015) was a business woman and the widow of German industrialist Herbert Quandt, who resurrected BMW from bankruptcy. When she died in 2015 she was the 8th richest person in Germany (and the richest German woman), 77th richest person in the world, and the 11th richest woman worldwide according to Forbes.

Career at BMW

Johanna Bruhn became a secretary in her future husband's office in the 1950s and eventually became his personal assistant. The two married in 1960. After his death in 1982, she was a major shareholder in BMW and sat on its supervisory board from 1982 until she retired in 1997. Much of that time she served as deputy chairwoman of the board. She owned 16.7% of BMW at the time of her death.

Personal life

The two children of her marriage, Stefan and Susanne, are also substantial shareholders in BMW and now sit on the supervisory board of the company. Johanna lived quietly in Bad Homburg.

A programme by the German public broadcaster, ARD, in October 2007 described in detail the role of the Quandt family businesses during the Second World War. As a result, four family members announced, on behalf of the entire Quandt family, their intention to fund a research project in which a historian will examine the family's activities during Hitler’s dictatorship.

As of August 2014, the Quandt family is estimated to be worth $46.3 billion. Johanna Quandt died at the age of 89 in her home in Bad Homburg near Frankfurt am Main.

She supported child-cancer institutes and was a major donor to political parties. She created the foundation, Johanna Quant Stiftung, to provide training for aspiring business journalists. The foundation also provides prizes for outstanding business journalism.

The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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