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