‘People should be more aware’: the business dynasties who benefited from Nazis

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In his new book Nazi Billionaires, David de Jong explores the damning history of companies who have refused to examine their murky history with Hitler

, which powered the postwar economic miracle and contribute about a 10th of the nation’s gross domestic product.

Perhaps no one better encapsulates de Jong’s argument than Günther Quandt and his son Herbert Quandt, members of the Nazi party and patriarchs of the family that now dominates the BMW Group.Photograph: Keystone-France/Gamma-Keystone/Getty Images Herbert Quandt inherited vast wealth from his father and saved BMW from bankruptcy, becoming the company’s biggest shareholder. Two of his children,and Susanne Klatten, are now Germany’s wealthiest family, with close to majority control of the BMW Group, large holdings in the chemical and technology industries and a net worth of about $38bn.

De Jong, who found family members unwilling to be interviewed other than one London-based heir, says: “You have BMW and Porsche, particularly the families that control them, conduct this whitewashing or leaving out of history where they celebrate the business successes of their founders or saviours but leave out the fact that these men committed war crimes.

 

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