Susanne Klatten
Bad Homburg, Germany
Master of Business Administration, International Institute for Management and Development
Germany
BMW, pharmaceuticals
$19,800,000,000
45
#46 Billionaires 2019
Susanne Klatten owns 19.2% of automaker BMW; her brother, Stefan Quandt, owns 23.7%.Their late mother, Johanna, was the third wife of legendary industrialist Herbert Quandt, who guided BMW to preeminence in the luxury market.An economist with an M.B.A., Klatten helped transform her grandfather's Altana AG into a world-class pharmaceutical/specialty chemical corporation.Klatten is the sole owner and deputy chairman of Altana, which pulls in more than $2.5 billion in annual sales. She also holds stakes in wind power outfit Nordex AG and carbon and graphite producer SGL Group.
Klatten is founder of an innovation center at Technical University of Munich, UnternehmerTUM, which claims to be the leading center for business creation in Germany.Her grandfather Guenther Quandt was a Nazi-era industrialist whose ex-wife married Joseph Goebbels.
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