Nazi Goebbels’ step-grandchildren are hidden billionaires

tags: Nazis, Joseph Goebbels, Bloomberg News



In the spring of 1945, Harald Quandt, a 23-year-old officer in the German Luftwaffe, was being held as a prisoner of war by Allied forces in the Libyan port city of Benghazi when he received a farewell letter from his mother, Magda Goebbels -- the wife of Nazi propaganda minister Joseph Goebbels....

Quandt was released from captivity in 1947. Seven years later, he and his half-brother Herbert -- Harald was the only remaining child from Magda Goebbels’ first marriage -- would inherit the industrial empire built by their father, Guenther Quandt, which had produced Mauser firearms and anti-aircraft missiles for the Third Reich’s war machine. Among their most valuable assets at the time was a stake in car manufacturer Daimler AG. (DAI) They bought a part of Bayerische Motoren Werke AG (BMW) a few years later....



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