Susanne Klatten is a German businesswoman and heiress who is currently the richest woman in Germany. A daughter of the legendary businessman, Herbert Werner Quandt, and his industrialist wife, Johanna Maria Quandt, Klatten owns a little over 19 percent of the stake in the German automobile giant BMW. She also became the owner of a majority share in her grandfather’s pharmaceutical and chemical company Altana AG upon the death of her father. Apart from serving in the board of the automobile company as well as the pharmaceutical company, Klatten is also involved in a series of other business ventures. She owns shares in the German turbine company Nordex, German graphite maker SGL Carbon, Dutch biotech company Paques, and the used oil recycling company Avista Oil.