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Susanne Klatten

Susanne Klatten
Born Susanne Hanna Ursula Quandt
28 April 1962 (1962-04-28) (age 54)
Bad Homburg, Germany
Residence Bad Homburg
Citizenship Germany
Education IMD-Lausanne (MBA)
Known for holdings in Altana and BMW; richest woman in Germany
Net worth Decrease US$18.5 billion (June 2015)
Spouse(s) Jan Klatten (m. 1990)
Children 3
Parent(s) Herbert Quandt (1910–1982)
Johanna Quandt (1926–2015)
Relatives Stefan Quandt (brother; b. 1966)

Susanne Klatten (born Susanne Hanna Ursula Quandt on 28 April 1962) is the daughter of Herbert and Johanna Quandt. As of August 2015, her net worth is US$19.6 billion, and she is the richest woman in Germany and the 38th richest person in the world.

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 specialising 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.

Recognising that her wealth is sometimes a problem, she often worked incognito under the name Susanne Kant.

On her father's death she inherited his 50.1% stake in pharmaceutical and chemicals manufacturer Altana. She sits on Altana's supervisory board and helped transform it into a world-class corporation in the German DAX list of 30 top companies. In 2006 Altana AG sold its pharmaceutical activities to Nycomed for €4.5 billion, leaving only its speciality chemicals business. The €4.5 billion was distributed to shareholders as a dividend. Altana maintained its stock exchange listing and Klatten remained its majority shareholder. In 2009, she bought almost all shares she did not already own in Altana.

Her father also left her a 12.50% stake in BMW. She was appointed to the supervisory board of BMW with her brother Stefan Quandt in 1997.


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