Susanne Klatten
Source of wealth: BMW, pharmaceuticals
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Biography
Susanne Klatten owns about 19% of automaker BMW; her brother, Stefan Quandt, owns nearly 24%.
Their late mother, Johanna, was the third wife of legendary industrialist Herbert Quandt, who guided BMW to preeminence in the luxury market.
An economist with an M.B.A., Klatten helped transform her grandfather's Altana AG into a world-class pharmaceutical/specialty chemical corporation.
Klatten is the sole owner and deputy chair of Altana, which has more than $2.5 billion in annual sales.
She also holds stakes in Entrust, which specializes in digital identity and data security, and carbon and graphite producer SGL Group.
Perspective on their fortune
Gold
Everyday luxury
A Susanne Klatten's fortune is equivalent to 192 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.
A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.
Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3
Susanne Klatten could buy 51,302,911 gold rings. That's a lot of fingers and a lot of gifts!!
And if the number of rings is difficult to visualize, all these rings would need 9 trucks to transport them, But we can be almost certain that Susanne Klatten will have enough left over to pay for the gas for those trucks.
Health
The price of life
Let's compare Susanne Klatten's fortune with the healthcare spending of a huge country
Susanne Klatten could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 12.8 years.
But even if we compare their fortune to that of a rich country
At the other extreme, Susanne Klatten could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 5.7 years
Education
Buying the future
Lowest education spending
Susanne Klatten could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 8.4 years.
Highest education spending
But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Susanne Klatten could pay for it in full for 11.4 years.
Research
The monopoly of progress
Lowest research spending
Susanne Klatten could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 48.0 years.
Highest research spending
But even if we compare the total wealth of Susanne Klatten with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 1.1 years.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison