Susanne Klatten is the richest woman in Germany with a net worth of $15 billion. She has acquired her huge wealth from a large stake in BMW, the automobile giant, which she has actually inherited. She also has a 50% stake in Altana, the noted pharmaceuticals manufacturer. Although Europe is experiencing a frail economy, BMW has continued to grow because of its huge sales in US & China.
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Susanne’s father, Herbert Quandt, rescued BMW from certain bankruptcy many decades ago as a result of which he owned around 13% stake in the company. His daughter inherited this soon after his death. She was actually given a position in the supervisory board of BMW in 1997. As she also owns a 50.1% stake in Altana, she sits on its supervisory board also and has played a stellar role in transforming this company into a world class corporation. In addition to all this Susanne also has a 25% stake in Nordex, the German wind turbine manufacturer.
Susanne has a degree in business finance and started her career with a job in an advertising agency. She went for higher studies and enrolled for a MBA program from the prestigious institute, IMD Lausanne. Susanne got married in 1990 and lives in Munich with her 3 children.