BMW is one of the most recognizable brands in the world. It stands for wealth and desirability, however it’s history is not as desirable as one would expect.
Günther Quandt (28 July 1881 – 30 December 1954) was a German industrialist who founded an industrial empire that today includes BMW and Altana (chemicals).
Eight of the hundred currently richest Germans are among his descendants.
During World War I, with Günther in charge, the Quandts supplied the German army with uniforms, building up a larger fortune that Günther would use after the war to acquire Accumulatorenfabrik AG (AFA), a battery manufacturer in Hagen that would become VARTA, a potash-mining company, metal-working companies (including IWKA) and stakes in BMW and Daimler-Benz.
Günther Quandt first married Antonie ‘Toni’ Ewald. They had two sons Helmut Quandt (1908–1927) and Herbert Quandt. Antonie died of the Spanish flu in 1918 and Helmut died of complications from…
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