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Although not being an active member of Supervisory board since 1997, the late Frau Quandt had been concerned about & interested in the BMW Group future & long-term strategy till the very end of her days. She essentially lived for the company she co-owned. Her children (Stephan Quandt & Susanne Klatten ne้ Quandt - both active current members of BMW AG Supervisory board) have constantly reporting Frau Quandt's thoughts on the issues discussed at Supervisory Board issues since she was informed about all the major issues & decisions that were going on @ BMW.
Her late husband, Herbert Quandt, had been a very active shareholder in BMW AG. And when he died, Frau Quandt very bravely & successfully took his role in the companies hierarchy. Not many widows are able to do & achieve that.
And both her children are as strongly devoted to BMW (if not more!) as she & her husband were.
There's no need to say her BMW shares (16.7%) will now be inherited by her children, each getting half of them, making her daughter Susanne Klatten the richest person in Germany, surpassing Dieter Schwarz - the German retail mogul (Lidl, Kaufland).
The Quandt family have already been the richest German family (with total asset worth ~34 billion euros), and Susanne Klatten & Frau Johanna Quandt being #1 & #2 on the Germany's Richest Women list. Now Frau Klatten's advantage over the new #2 (current #3) on the list will be even bigger.
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