German manufacturer Herbert Werner Quandt was credited for saving BMW from bankruptcy while making a sizable profit in the process.

In addition, Quandt oversaw the employment of tens of thousands of slave laborers many of whom perished at the companies owned by his family during World War II.

The second child of Antonie Toni Quandt and Günther Quandt, Herbert Quandt was born in Pritzwalk.

In 1918, Antonie perished from the Spanish flu. Quandt began to go practically blind at the age of nine due to a retinal illness that created scarring. As a result, he had to receive his education at home.

The Silence of the Quandts, a documentary that won a Hanns Joachim Friedrichs Award

The documentary film questioned the Quandts about the exploitation of slave labor in the family’s industries during World War II and made the family’s Nazi heritage, which was not widely known, public.

Herbert Quandt net worth at the time of death

His net worth was estimated at US$23.2 billion when he died.Herbert Quandt died on  June 2nd. 1982 in Kiel.