Nationality German Name Johanna Quandt | Role Industrialist | |
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Full Name Johanna Maria Bruhn Born 21 June 1926 Berlin, Germany Net worth US$13.9 billion (August 2015) Died August 3, 2015, Bad Homburg vor der Hohe, Germany Spouse Herbert Quandt (m. 1960–1982) Children Susanne Klatten, Stefan Quandt Parents Marianne Bruhn, Wolfgang Bruhn Similar People Susanne Klatten, Stefan Quandt, Herbert Quandt, Gunther Quandt, Franz Josef Popp | ||
Johanna Quandt
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.
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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 Quandt Stiftung, to provide training for aspiring business journalists. The foundation also provides prizes for outstanding business journalism.