During a speech for his mother’s charitable foundation, billionaire heir of BMW Stefan Quandt told attendees that the people of Europe “should do everything in [their] power” to stop Donald Trump from being reelected in 2024.
“Now, that seems like election interference,” BlazeTV’s Glenn Beck said on the radio program. “How is it they’re going to prevent Donald Trump from over in Europe?”
So, who is this money mogul from Germany who is attacking the former president of the United States and urging Europe to meddle in our elections?
According to historian and author of “Nazi Billionaires: The Dark History of Germany’s Wealthiest Dynasties” David de Jong, Quandt comes from a long line of auto-industry titans who owe their economic success to the Nazi Party.
“Today, two of the [Quandt] family’s heirs have a net worth of roughly $38 billion, control BMW, Mini, and Rolls-Royce,and have significant holdings in the chemical and technology industries. The family’s patriarchs, Günther Quandt and his son Herbert Quandt, were members of the Nazi Party who subjected as many as 57,500 people to forced or slave labor in their factories, producing weapons and batteries for the German war effort.
“Günther Quandt acquired companies from Jews who were forced to sell their businesses at below-market value and from others who had their property seized after Germany occupied their countries. Herbert Quandt helped with at least two such dubious acquisitions and also oversaw the planning, building, and dismantling of an uncompleted concentration subcamp in Poland … two of his children, Stefan Quandt and Susanne Klatten, are Germany’s wealthiest family, with near-majority control of BMW. The siblings manage their fortunes in a town near Frankfurt from a building named after their grandfather,” de Jong wrote in a New York Times op-ed.
De Jong also noted that while none of this is “exactly a secret in modern Germany,” these “heirs of Nazi fortunes” are still widely celebrated as “symbols of German industrial ingenuity and excellence.”
A recent report by Germany’s “Focus Money” would seem to confirm de Jong’s assertion. The publication called Quandt “Germany’s model industrialist” before going on to relay how the “usually reserved” entrepreneur called on the people of Europe to interfere with America’s presidential election.
“Fortunate for Europe and the entire free world is that Joe Biden is the legitimate President of the United States today. And we should do everything in our power to keep it that way,” Quandt urged.
“If we want to keep the economic power in the country, then we have to do more,” Quandt went on to add.
A Fortune Magazine article jumped on the opportunity to use Quandt’s warning to spread more fear about the possibility of a second Trump presidency. The article highlighted Trump’s “abrasive” history with Germany while conveniently leaving out any mention of the Quandt dynasty’s part in Germany’s dark past.
“Quandt and his older sister Susanne Klatten, Germany’s wealthiest woman, control nearly half of the outstanding stock in BMW. The stake was inherited from their father, Herbert, who rescued the company in 1960 with the help of BMW trade unionist Kurt Golda,” reported Fortune.
You’ll notice that there’s no mention of Herbert Quandt’s nefarious activities in Germany during the Nazi era or how he “rescued” BMW from bankruptcy after inheriting an ill-gotten fortune from his father.
But, sure, the real danger to “the entire free world” is that bad orange guy who cracked down on “Germany’s model industrialist” in an effort to strengthen the U.S. economy, create jobs, and boost domestic production.