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Top 10 Richest Billionaire People in Germany

Top 10 Richest Billionaire People in Germany

Germany has the 3rd-highest number of billionaires in the world. Here are the 11 richest Germans, ranked.

There are an estimated 2,153 billionaires in the world, according to Forbes.

Approximately 114 of those live in Germany, making it the country with the third-highest concentration of billionaires after the US and China.

The richest people in Germany are Beate Heister and Karl Albrecht Jr., heirs to the Aldi supermarket fortune, worth an estimated $34.3 billion. Others German billionaires include the CEO of supermarket chain Lidl and part owners of automaker BMW.

Here are the richest and wealthiest people in Germany.The person with the highest net worth in Germany is Dieter Schwarz. How does your net worth compare to other people in this Country?


1. Dieter Schwarz
Net Worth: $22 Billion

Dieter Schwarz net worth: Dieter Schwarz is a German entrepreneur who has a net worth of $22 billion dollars. Dieter Schwarz was born in Heilbronn, Germany and inherited the supermarket chain Lidl from his father, Josef Schwarz, in the late 70s. He is the current CEO and chairman of Lidl, which operates under the umbrella of the Schwarz Gruppe. Lidl currently has nearly 10,000 locations spread out around Europe. In addition to owning Lidl, Dieter Schwarz also controls Handelshof and Kaufland, a chain of retail stores, and a hypermarket, respectively. He was on the Forbes Billionaires List for most of the 90s, but was taken off for one year in 1999. He has since returned to the list. Schwarz Gruppe also oversees the Schwarz Foundation, which supports various educational and daycare institutions. Dieter Schwarz is notoriously private, and avoids publicity as much as possible. He currently lives in Germany with his wife and two children.

Net Worth details: Dieter Schwarz earned his fortune through the supermarket business and his control of Schwarz Group which owns chains including Kaufland and Lidl. In 2016 the company comprised of more than 10,000 stores reported revenue of $95.1 billion. His assets are controlled through Dieter Schwarz Stiftung, and he alone decides how much is goes to the Stiftung, which is tax-exempt under German law.


2. Susanne Klatten
Net Worth: $19 Billion

Susanne Klatten net worth: Susanne Klatten is a German businesswoman who has a net worth of $19 billion dollars. Susanne Klatten was born Susanne Hanna Ursula Quandt in April of 1962. She is credited for being the richest woman in Germany, and the 44th richest person in the world. Klatten received a finance degree and worked in advertising during the early 80s. She then went on to inherit half of her father’s billion-dollar business in pharmaceuticals and chemicals. As well as a 12.5% stock in BMW. She also helped build the company and turn it into a world class business. Throughout the years, she has used false names in order to protect her safety and identity, which she began to do after a kidnapping in the late 70s. Others have also recognized her name over the years and attempted to blackmail her. When she met her future husband, Jan Klatten, she was using the false surname Kant. She did not reveal her true identity until the two were sure about marriage. The duo wed in 1990 and currently reside in Munich. Together they have children and keep a fairly quiet life. To date, she remains one of the largest donors to the Christian Democratic Union and the centre-right political party.

Susanne Klatten Net Worth:
$19 Billion

Susanne Klatten net worth: Susanne Klatten is a German businesswoman who has a net worth of $19 billion dollars. Susanne Klatten was born Susanne Hanna Ursula Quandt in April of 1962. She is credited for being the richest woman in Germany, and the 44th richest person in the world. Klatten received a finance degree and worked in advertising during the early 80s. She then went on to inherit half of her father’s billion-dollar business in pharmaceuticals and chemicals. As well as a 12.5% stock in BMW. She also helped build the company and turn it into a world class business. Throughout the years, she has used false names in order to protect her safety and identity, which she began to do after a kidnapping in the late 70s. Others have also recognized her name over the years and attempted to blackmail her. When she met her future husband, Jan Klatten, she was using the false surname Kant. She did not reveal her true identity until the two were sure about marriage. The duo wed in 1990 and currently reside in Munich. Together they have children and keep a fairly quiet life. To date, she remains one of the largest donors to the Christian Democratic Union and the centre-right political party.

Net Worth details: Today Susanne Klatten owns a 21 percent stake in the world’s second largest luxury auto maker, BMW. She owns those shares equally with her brother Stefan Quandt. Klatten also owns 27 percent of SGL Carbon and 23 percent of Nordex, a wind turbine developer. She inherited half of chemical company Altana and acquired the remaining shares from 2008 to 2010. Klatten owns 2.8 million shares of software designer Gemalto and 40 percent of passport and credit card manufacturer Entrust Datacard. She purchased the Winx office tower in Frankfurt which is estimated to cost 350 million euros to construct.


3. Stefan Quandt
Net Worth: $16 Billion

Stefan Quandt net worth: Stefan Quandt is a German automobile heir who has a net worth of $16 billion dollars which makes him one of the richest people in Germany. Born in Bad Homburg, Stefan Quandt currently resides in Frankfurt, Germany. He graduated from the University of Karlsruhe with a degree in Engineering, and then worked for a consulting firm in Munich for a few years. He shifted his focus to marketing in the mid-90s, working for Datacard Group in Hong Kong, as a marketing manager. In the early 80s, he inherited just over 17% of BMW from his father, along with a number of other lucrative holdings. He manages all of these under his umbrella corporation Delton AG. Until 2006, he also owned almost 20% of Gemplus International, a digital security company. He was formerly on the boards of Dresdner Bank AG and the Gerling Konzern Allgemeine Versicherungs AG, and is currently on the supervisory board of BMW. His mother and sister also own portions of BMW, as well as a number of other companies.

Net Worth details: Quandt owns a 26 percent stake in the world’s second largest auto maker, BMW. He also owns 85 percent of logistics company Logwin as well as 11 percent of RHJ International and 3.6 million shares of software designer Gemalto. Quandt controls homeopathic medicine company Biologische Heilmittel Heel. He is also the owner of 60 percent of passport and credit card manufacturer Entrust Datacard.


4. Michael Otto
Net Worth: $16 Billion

Michael Otto net worth: Michael Otto is a German businessman who has a net worth of $16 billion. Michael Otto is best known for being the head of the German conglomerate, Otto Group, which is also the world’s largest mail order company. The company also holds the second largest position for online retailers, behind conglomerate Amazon.com.

His company once owned Spiegel, Inc., which is a parent to Eddie Bauer. However, the company filed for bankruptcy in 200. Then in 2005, Spiegel, Inc. was born out of Eddie Bauder Holdings, which is now mostly owned by Commerzbank. Otto’s family also owns a large amount of real estate, which is spread out across the United States as well as Canada. They also own the shopping center chain, Crate & Barrel. Otto is known for his interests in environmentally-friendly ventures, and has worked to create a number of “green” products that are put out by his companies. In 1993 he founded the Michael Otto Foundation, which works to help multi-million dollar companies stay invested in environmentally friendly issues. He has earned two doctorate degrees, one from the University of Hamburg and the other from the University of Munich. Otto is married and the father of two children.


5. Maria-Elisabeth & Georg Schaeffler
Net Worth: $14 Billion

Maria-Elisabeth & Georg Schaeffler Net Worth: Maria-Elisabeth & Georg Schaeffler are mother-and-son business personalities who have a net worth of $14 billion. Maria Elisabeth along with her son Georg Schaeffler own one of world’s largest producers of roller bearings for automotive, aerospace and industrial uses, the Schaeffler Group. Maria took the helm of the company in 1996 right after her husband’s death. Having practiced international business law in Dallas, Maria’s son Georg started to help his mother run the company in 2009. In the meantime, i.e., in 2008, the company revealed its $15 billion acquisition of Continental AG, one of Europe’s largest tire and auto parts maker. But only one year later, the Schaeffler Group restructured the $16 billion debt incurred due to the takeover and currently owns a 36% stake in Continental.

Maria-Elisabeth & Georg Schaeffler Net Worth:
$14 Billion

Maria-Elisabeth & Georg Schaeffler Net Worth: Maria-Elisabeth & Georg Schaeffler are mother-and-son business personalities who have a net worth of $14 billion. Maria Elisabeth along with her son Georg Schaeffler own one of world’s largest producers of roller bearings for automotive, aerospace and industrial uses, the Schaeffler Group. Maria took the helm of the company in 1996 right after her husband’s death. Having practiced international business law in Dallas, Maria’s son Georg started to help his mother run the company in 2009. In the meantime, i.e., in 2008, the company revealed its $15 billion acquisition of Continental AG, one of Europe’s largest tire and auto parts maker. But only one year later, the Schaeffler Group restructured the $16 billion debt incurred due to the takeover and currently owns a 36% stake in Continental.

Net Worth details: The Schaefflers hold an 80 percent stake in the company Schaeffler which controls interests in Schaeffler AG and Continental. The German manufacturer of automotive supplies including ball bearings had revenue of $14.7 billion in 2015. Schaeffler and his mother purchased a majority of auto parts maker Continental for $17 billion in 2008, and he controls 36.8 percent. He also holds about 80 percent of the common shares of Schaeffler AG.


6. Hasso Plattner
Net Worth: $13.5 Billion

Hasso Plattner net worth and salary: Hasso Plattner is a German entrepreneur who has a net worth of $13.5 billion. Hasso Plattner made most of his fortune as a CEO of software company SAPAG, which he founded along with four of his former IBM colleagues in 1972. Plattner relinquished his CEO role in 2003, and ever since he has chaired the company’s supervisory board and became a Chief Software Advisor.

Hasso Plattner Net Worth:
$13.5 Billion

Hasso Plattner net worth and salary: Hasso Plattner is a German entrepreneur who has a net worth of $13.5 billion. Hasso Plattner made most of his fortune as a CEO of software company SAPAG, which he founded along with four of his former IBM colleagues in 1972. Plattner relinquished his CEO role in 2003, and ever since he has chaired the company’s supervisory board and became a Chief Software Advisor.

In 1998, he also founded the Hasso Plattner Institute for IT Systems Engineering at the University of Potsdam, where he is a professor of enterprise software systems. Furthermore, his Potsdam-based Hasso Plattner Ventures, invests in promising technology companies. Apart from his professional duties, Plattner is a sports enthusiast and thus he practice many sports including skiing, sailing, snowboarding, playing tennis etc. Also, as an avid golf enthusiast, Plattner owns Fancourt Estate, a luxury golf course and hotel in South Africa’s Western Cape province. Hasso Plattner’s net worth makes him one of the richest sports team owners on the planet.


7. Heinz Hermann Thiele
Net Worth: $13.1 Billion

Heinz Hermann Thiele Net Worth: Heinz Hermann Thiele is a German entrepreneur who has a net worth of $13.1 billion. Heinz Hermann Thiele was born on April 2, 1941 in Mainz, Germany. He is the owner of Knorr-Bremse AG, the world’s top producer of braking systems for rail and commercial vehicles. Having graduated from the University of Munch, Thiele started his career as a legal clerk at Knorr-Bremse in 1969.

Three years later, he became the head of the legal department, and soon he became sales manager of commercial vehicle division. Later on, Thiele set on the executive board of members. After accumulating a significant portion of company equity, he became the Chairman of the board of directors in 1987. Since November 2005, Thiele is an Honorary Citizen of the Hungarian city of Kecskemet, where his company has a factory with 730 employees. In 2011, he decided to sit on the advisory board, and gave a portion of the company to his children, Julia and Henrik. He also holds 25% of the international leader in railway market Vossloh. Nowadays, Thiele spends his time in hiking, skiing, animal photography and philanthropic work, which brings him various awards.


8. Klaus-Michael Kuhne
Net Worth: $13 Billion

Klaus-Michael Kuhne net worth: Klaus-Michael Kuhne has a net worth of $13 billion dollars which makes him one of the richest people in Germany. Born in Hamburg, Germany, Klaus-Michael Kuhne inherited Kuhne + Nagel AG from his grandfather. The company was founded in 1890 and focuses on transportation and logistics. Klaus-Michael Kuhne serves as executive chairman, and has also served as honorary chairman of the Board of Directors since the 1970s. He is the majority owner of Kuhne + Nagel, and currently holds 53% of the company. He is also part of the Albert Ballin KG group, a group of investors who joined together in an effort to keep one of Germany’s oldest shipping companies, Hapag Lloyd, from leaving the country. Though much of his work is based Germany, he makes his home in Switzerland, in the city of Schindellegi. He has lived there for the majority of the year since the mid-70s. It is reported that he lives in a large house custom-designed to look like an ocean liner.

Net Worth details: Klaus-Michael Kuehne has a 53.3 percent stake in the world’s biggest sea-freight forwarder, Kuehne + Nagel. Kuehne also owns 20.2 percent of Hapag-Lloyd, a container shipping company which he has invested more than $820 million in since 2008. He is also an 11 percent owner in the German football club Hamburg SV, which he converted an 18.8 million euro loan to purchase.


9. Johanna Quandt
Net Worth: $12.8 Billion

Johanna Quandt net worth: Johanna Quandt was a German business woman who had net worth of $12.8 billion dollars at the time of her death. That net worth made her one of the richest people on Germany. Born in Germany, Johanna Quandt worked as a secretary and personal assistant to Herbert Quandt, who went on to helm BMW.

After his death, she and her two children inherited his shares of BMW. She served on BMW’s Board of Supervisors until 1997. At the time of her death, she owned nearly 17% of BMW. She was a prolific supporter of various child cancer institutes and research facilities. She was also politically active. The German government recognized her for her involvement in various learning and journalism initiatives in the fall of 2010. Her son and daughter currently serve on the board of BMW, and also own large shares in the company, as well as shares in other successful German corporations. Their combined net worth makes them one of the richest families in Europe. Ms. Quandt lived in Bad Homburg, just outside of Frankfurt, Germany right up to the time of her death in August 2015.


10. Peter Kramer
Net Worth: $10 Billion

Peter Kramer Net Worth: Peter Kramer is an American psychiatrist who has a net worth of $10 billion. Peter Kramer was born October 22, 1948. He is a former Marshall Scholar and faculty member of Brown Medical School, specializing in the affliction of depression. Kramer considers depression a serious illness with tangible physiological effects such as disorganizing the brain and disrupting the functions of the cardiovascular system and criticizes society for romanticizing depression-involving claims of artistic sensitivity or of genius arising from depression.

In his 2005 book Against Depression, he argues that the socio-economic costs of depression are so tremendous and the effects so pervasive that modern societies should work to eradicate the disease as tenaciously as it has with diseases such as small pox. Kramer’s most notable book is Listening to Prozac (1994), grounded in the observation that, treated with antidepressants, some patients reported feeling “better than well. This result led Kramer to consider the feasibility of “cosmetic psychopharmacology,” the use of medication in healthy people to induce personality traits that are desired or socially rewarded. Within the book, Kramer considers consequences for medical ethics and critiques the tendency of the culture to reward particular personality styles, namely those characterized by energy and assertiveness. The book is commonly but mistakenly believed to argue for the use of the medication. From 2005 through 2006, Kramer served as principal host of the public radio program The Infinite Mind. He also often reviews books (in Slate, Washington Post, New York Times Book Review) and is a member of the National Book Critics Circle.

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