as of 2021 germany has a whopping 136 billionaires worth 625 billion dollars they splurge on luxuries
like an 8 million dollar castle and 100 million dollar super yacht from private planes to million
dollar maybachs let's explore how luxurious life can be when you're a german billionaire
let's start with the facts according to forbes germany has the most billionaires of any european
country in 2021 they had a record rise in assets of more than 178 billion dollars from the year
before the over 625 billion dollars of wealth they control is not due to luxury goods but
rather the success of the country's low-cost retail chains the list of germany's richest
people starts with aldi ayers bietta heister and carl albrecht jr the pair has a net worth
of 44 billion dollars as of this video they built their entire supermarket chain based on low prices
the next person on germany's billionaire list is wealthy for a similar reason dieter schwarz is
the owner of discount supermarkets kaufland and lidl his fortune rose from 17.1 billion dollars
to a massive 36.9 billion dollars in 2021 as the value of supermarkets rose next up are the bmw
billionaires first is suzanne clatton germany's richest woman with a current net worth of 29
billion dollars she owns 19.1 percent of bmw and is the owner and deputy chair of atlanta ag
a world-class pharmaceutical corporation her brother stefan kwand owns 23.6 of bmw and falls
just behind her with 23.2 billion dollars germany is also home to the youngest billionaire on the
planet kevin david layman is just 18 and has a 3.6 billion dollar net worth as of this video he's
incredibly private with no social media activity his fortune comes from his father gunther layman
who transferred him a stake in german drugstore chain droguery market you might have noticed that
many of germany's billionaires like to remain invisible you won't find their faces plastered
on magazine covers but these billionaires do have a significant role in their country
billionaire families are considered the backbone of the german economy they create jobs and take
care of people loyalty to their country is a big part of why they chose to stay there though of
course available entertainment and luxuries play a role germany is very international and provides
billionaires with lots of arts and culture to enjoy because of their many contributions to their
country many german billionaires are actually in favor of being taxed more however there are some
tax loopholes used by the wealthy currently inheritance tax in the country is seven to
fifty percent depending on how much is inherited but there are workarounds to these rules like
transferring assets to a charitable foundation billionaires can also transfer significant
business assets to a family foundation it's no wonder that german wealth tends to stay within
the bloodline staying within the country and privately enjoying their fortunes is a good way
for germany's billionaire families to stay rich though when it comes to privacy and discretion
some of germany's young rich who are inheriting fortunes from their parents are changing the rules
instagram accounts like rich kids of germany have no problem finding content whether they're modest
or flashy germany's richest people have plenty of luxury real estate options there are mega mansions
galore like this 28 000 square foot estate in brandenburg with 13 bedrooms and an outdoor pool
listed for 4.2 million dollars for something even more uniquely opulent billionaires here can dabble
in the historic castle market castles available in the country include this 10-bedroom 10-bathroom
gothic revival listed for 8.7 million dollars as well as this 5.2 million dollar 12th century
complex with stunning country scenery however some areas are home to more exclusive real estate than
others like berlin it's not only the capital of germany but also one of the country's most
attractive international cities property prices here are around twenty six thousand dollars per
square meter this fifteen point seven million dollar townhouse is one example it's seven
stories with an elevator floor-to-ceiling windows and a rooftop terrace there's also frankfurt on
main one of the most important german metropolises it has a colorful nightlife and a strong banking
and financial sector attracts entrepreneurs and investors historic properties are often found here
like this 13.9 million dollar villa built in 1870 it features four floors high ceilings
and terraces in hamburg the sea air paired with a strong economy and international population
is appealing to wealthy buyers it's also an area home to many famous faces property can cost over
18 thousand dollars per square meter like this 4.4 million dollar penthouse apartment with spiraling
staircases heated floors and multiple balconies for lakeside property luxury buyers might head
to munich the bavarian city has a wide range of culture and beautiful architecture in proximity
to the alps and italian coast prices can go up to about 23 000 per square meter and homes near
water are particularly expensive like this 3.3 million dollar apartment near the river esar
however the most expensive bavarian location is at lake starnberg a former residence of german
nobility the area and its breathtaking lake views have led to prices of around 29 000 per square
meter this mansion in particular is expected to be the most expensive currently for sale here
though the price isn't listed the median price for homes in this area is over 12 million dollars
last but not least is a german island with tons of personality the island of zilt has been a hot spot
for germany's elite since the 1960s a white sand beach runs the length of its western coast and
it's renowned for its thatched cottages houses here are some of the most expensive in germany
with prices of around forty thousand dollars per square meter one of the most sought after areas
for the wealthy is the village of kampen where you can find vacation homes like this one for 3.3
million dollars while we're sure stocking up on epic property is a fun billionaire hobby there's
plenty more luxury for germany's rich to enjoy we all know german cars are top tier and germany's
billionaires can afford the very best of the best germany is behind companies like bmw mercedes-benz
audi and porsche germany's passion for luxury and a wealthy population willing to invest and
buy have made the country famous for manufacturing and engineering high performance luxury vehicles
some of the most expensive german cars ever made include the 8 million dollar 2004 maybach accelero
and 6 million dollar 1956 porsche 550 spider in addition to cars germany makes some of the best
yachts produced by bloemann vas in 1990 lady mora is one of the coolest yachts ever made at a german
shipyard it sold in 2021 for an incredible 125 million dollars of course germans don't just build
yachts they also own them german billionaire reinhold worth worth 16 billion dollars as of
this video owns this yacht the 100 million dollar vibrant curiosity german billionaires also enjoy
zipping around on private jets munich airport operates over 13 000 private jet flights per
year and is the 11th busiest private airport in europe for a private jet charter from frankfurt
to new york prices via frankfurt evo jets start at 68 500 for a one-way trip germany's wealthy also
get to enjoy high-end shopping including one of the most famous shopping streets in europe
konig sally is home to stores like prada gucci hermes and louis vuitton last but not least the
elite really spoil their kids rich kids of munich is yet another instagram account that shows off
how germany's wealthiest youth spend their money from private jet and helicopters to luxury cars
pricey champagne and the most expensive clothing and accessories money can buy
how much are germans really spending on luxury the country's luxury goods market is growing
each year by about 5.7 percent in 2021 german spent over 14 billion dollars on luxury goods
the largest segment was luxury fashion with over 6 billion dollars in revenue