In this success post, we are going to share the story of Susanne Klatten, a German heiress, the daughter of the Johanna Quandt and Herbert. As of June 2019, her net worth is around $18.8 billion. Which makes her the richest woman in Germany and the 40th richest person in the world.
Susanne Klatten Education
Susanne Klatten was born in Bad Homburg, Germany. After gaining a degree in business finance, she worked for the advertising agency Young & Rubicam in Frankfurt from 1981 to 1983. This was followed by a course in marketing and management at the University of Buckingham and an MBA from IMD in Lausanne, specializing in advertising.
She gained further business experience in London with Dresdner Bank, the Munich branch of management consultants McKinsey and the Bank Bankhaus Reuschel & Co.
Recognizing that her wealth is sometimes a problem, also she often worked incognito under the name of Susanne Kant.
Susanne Klatten Investments
On her father death, she inherited his 50.1% stake in pharmaceutical and chemical manufacturer Altana. She sat on Altana supervisory board and helped to transform it into a world-class corporation in the German DAX list of the top 30 companies.
In the year 2006, Atlanta AG sold its pharmaceutical activities to Nycomed for $5 billion. Leaving only its specialty in the chemical business. The $5 billion was distributed to shareholders as a dividend. Altana maintained its stock exchange listing, and Klatten remained its majority shareholder. In the year 2009, she bought almost all shares she did not already own in Altana.
Her father also left her with a 12.50% stake in BMW. Also, she was appointed to the supervisory board of BMW with her brother Stefan Quandt in the year 1997.
Susanne Klatten Personal life
Susanne met Jan Klatten while she was doing an internship with the BMW in Regensburg. Where he worked as an engineer. It is reported that at that time, she called herself Kant and did not tell him who she was until they were sure about each other. But Klatten herself denies the story. They married in the year 1990 in Kitzbuhel and lived in Munich.
They have three children. She plays golfs and skis in Austria. She has been a member of the University Council of the Technical University of Munich since 2005. In 2007, she was awarded the Bayerischer, the Bavarian Order of Merit. But she is one of the biggest donors of the center-right political party, the Christian Democratic Union.
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