Entrepreneurs
Stefan Quandt Net Worth

Net Worth: | $16 Billion |
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Age: | 59 |
Born: | May 9, 1966 |
Gender: | Male |
Height: | Unknown |
Country of Origin: | Germany |
Source of Wealth: | Engineer |
Last Updated: | Oct 5, 2025 |
Introduction
Stefan Quandt is a German business engineer with an estimated net worth of $16 Billion.
Net Worth History
Year | Net Worth |
---|---|
2016 | $15.6 Billion |
2017 | $18.3 Billion |
2018 | $22 Billion |
2019 | $17.5 Billion |
2020 | $12.3 Billion |
2021 | $21.6 Billion |
2022 | $20.7 Billion |
2023 | $24.6 Billion |
2024 | $27.3 Billion |
2025 | $23.8 Billion |
Delton AG
Quandt started his business ventures in 1982 at the age of 16 after the death of his father, Herbert Quandt. Following his father’s death, Quandt inherited Delton AG, a private holding company. Although the legal ownership was passed to him, the company’s management decisions were handled by trustees until Quandt was 18. Delton AG managed Quandt’s private investments, including Heel GmbH, the natural pharmaceutical company, which is still one of Quandt’s major private assets. Aside from BMW, the Quandt family owned the Datacard Group, which has specialized in identity cards and passport printing, since 1987.
In 2013, through Delton AG, the Datacard Group bought the US company Entrust for $500 million. The two businesses combined to become Entrust Datacard, a leader in the secure identity technology sector. Renewable energy and sustainability are significant interests for Quandt, and in 2012, he acquired a majority stake in Solarwatt, a leader in manufacturing solar panels. He followed this up in 2017 when he led the investment in Kiwigrid, an innovative technology energy platform. Although the exact figure isn’t known, reports suggest that it was over $10 million.
Recent Acquisitions
Within the last 5 years, Quandt has managed his recent investments and assets through AQTON SE, a personal investment company he launched in 2020. The company is referred to in Germany as a family office. Wealthy families usually set these up to manage all aspects of their finances, often over several generations. Quandt’s family office has more than €15 billion ($17.6 billion) in assets invested in businesses including digital security, sustainable energy, and agricultural technology.
His most recent venture was in May 2023, when he and other investors led a $52 million funding round for Ecorobotix, a company that provides solutions for sustainable farming. Quandt described the investment as a way to make a positive impact on the environment, positioning himself at the forefront of innovation in clean technology and sustainability.
Legal Issues & Lawsuits
In early August 2015, Quandt’s mother Johanna, who was BMW’s longest-running shareholder, died at the age of 89. As a result, Quandt and his sister subsequently inherited their mother’s shares in the company. Quandt already held a 17.4% stake in the company, and after receiving his mother’s share, this increased to 34.19%. Under German law, a shareholder who crosses more than the 30% ownership threshold has to buy out all the remaining shareholders, triggering a compulsory takeover.
However, Quandt didn’t want to take over BMW, and therefore, his lawyers filed a legal petition with Germany’s Federal Financial Supervisory Authority (BaFin). His legal team explained to BaFin why Quandt’s shares had gone above the 30% limit, as German law provides an exemption for inheritance. BaFin granted the exemption and agreed that Quandt could retain his shares without having to launch a takeover bid for BMW. Following the ruling, his mother’s estate was distributed even more, meaning that Quandt’s stake eventually dropped below the 30% line to 23.6%.
Entrepreneurs
Rich Paul Net Worth

Net Worth: | $120 Million |
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Age: | 43 |
Born: | December 16, 1981 |
Gender: | Male |
Height: | 1.85 m (6 ft 1 in) |
Country of Origin: | United States of America |
Source of Wealth: | Sports Agent |
Last Updated: | Oct 5, 2025 |
Introduction
Rich Paul is an American professional sports agent with an estimated net worth of $120 Million.
As the founder and owner of Klutch Sports Group, Rich Paul manages contracts for almost 200 professional athletes across basketball, baseball, football, and soccer. The company manages several billion dollars in contract value at any one time, taking a commission of between 3% and 5% on each negotiated contract.
Klutch Sports Group
In 2012, Rich Paul launched Klutch Sports Group, a sports agency responsible for managing professional athletes and their contract negotiations. When the company was first founded, Klutch Sports focused primarily on the NBA, but gradually expanded into half a dozen sports leagues, including the MLB, MLS, NFL, and WNBA. They were initially headquartered in Cleveland, Ohio, but later established their headquarters in Beverly Hills, California. Based on the most recent information available, Klutch Sports now has locations in Atlanta, Cleveland, Nashville, New York, and Los Angeles.
Expansion by Acquisition
Although Rich Paul initially focused on the NBA, the company’s growth allowed him to expand into other sports. Instead of entering new leagues from the ground up, Klutch Sports focused on acquiring notable agencies that held a larger number of clients from a particular sport. Unfortunately, none of the financial details from each of the company’s acquisitions has been publicly disclosed, but here’s what we do know:
- 2020 – Tidal Sports Group (MLB)
- 2020 – Revolution Sports Agency (NFL)
- 2023 – Elite Athlete Management (NFL)
- 2023 – Rep 1 Baseball Agency (MLB)
- 2024 – ROOF (European soccer)
With all of these acquisitions, Klutch Sports was able to bring in all of the companies’ former clients. For the MLB agencies, Tidal Sports Group and Rep 1 Baseball, Klutch Sports added clients such as Alex Bregman, Marcus Stroman, Rafael Devers, and Devin Williams.
As for the two NFL agencies, Revolution Sports and Elite Athlete Management, the acquisitions added a substantial number of successful players to the Klutch Sports roster. This included:
- Alvin Kamara
- Christian Kirk
- Danielle Hunter
- Jarvis Landry
- Melvin Gordon
- Odell Beckham Jr.
- Xavien Howard
While these clients were acquired through acquisitions, it’s essential to note the existing NBA client list that Klutch Sports has built since 2012. This list includes heavy hitters such as:
- Anthony Davis
- Darius Garland
- De’Aaron Fox
- Draymond Green
- Fred Vanvleet
- LeBron James
- Lonzo Ball
- Trae Young
- Zach Lavine
Contract Value & Commission
It’s challenging to evaluate just how much money Klutch Sports holds under management, as this would include the combined value from every active contract of all its clients. This is not just limited to team contracts, but also brand endorsement deals. In 2021, TIME magazine listed Klutch Sports among the top 100 most influential companies of the year, reporting over $1.8 billion in contracts under management for clients in the NBA and NFL.
The maximum commission that a sports agent can command from a player’s contract agreement is 4% in the NBA and WNBA. However, for the NFL, the percentage is capped at 3%, and in the MLB, the maximum is 5%. These caps are not expanded to brand endorsements, and agencies typically take a cut of between 10% and 20% for such deals.
Klutch Sports typically sticks to the maximum percentage cap; thus, if their client signs a $100 million contract, the agency can earn up to $40 million (NBA), $50 million (MLB), and $30 million (NFL).
Notable Contract Commissions
As of 2025, Klutch Sports reportedly has nearly 200 professional athletes under management across four separate sports, meaning that a 3-5% commission, even for lower-value contracts, can quickly accumulate. Some of Paul’s most notable negotiations, of course, include his experience managing LeBron, securing multiple agreements valued at over $400 million. At a 4% commission, assuming LeBron earned the full value of the deal, the agency would have earned $16 million.
When Anthony Davis signed a three-year, $186 million contract with the Los Angeles Lakers, Klutch Sports potentially earned $7.4 million in commission.
Other notable deals include:
- Fred VanVleet – $130 million (estimated $5.2 million commission)
- Draymond Green – $100 million (estimated $4 million commission)
- Jerami Grant – $160 million (estimated $6.4 million commission)
Real Estate
Paul owns a beautiful home in Los Angeles, which he purchased for $4.35 million. It’s a traditional home, featuring six bedrooms and five and a half bathrooms.
Entrepreneurs
Joel Glazer Net Worth

Net Worth: | $1 Billion |
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Age: | 58 |
Born: | March 31, 1967 |
Gender: | Male |
Height: | 1.73 m (5 ft 8 in) |
Country of Origin: | United States of America |
Source of Wealth: | Entrepreneur |
Last Updated: | Oct 5, 2025 |
Introduction
Joel Glazer is an American businessman and part of the Glazer family with an estimated net worth of $1 Billion.
The family controls First Allied Corporation and the Zapata Corporation, as well as the Tampa Bay Buccaneers of the NFL and England’s Manchester United Football Club. Glazer was born in Rochester, New York.
Quick Facts
- Estimated 16.7% stake in Tampa Bay Buccaneers valued at $900 million
- Acquired 68% of Manchester United for £800 million in 2005
- Remaining 47% stake in the club is valued at over $1 billion
Tampa Bay Buccaneers Acquisition
In January 1995, Joel’s father, Malcolm, secured an agreement to purchase the NFL’s Tampa Bay Buccaneers after the former owner, Hugh Culverhouse, had passed away in August of the prior year. As it turns out, Malcolm had been desperate to own an NFL team, and in 1993, had put in a bid to bring an NFL team to Baltimore. Back then, the Ravens didn’t exist, but unfortunately, Malcolm’s bid was rejected.
Finally, he was able to acquire the Buccaneers for approximately $192 million and placed both of his sons, Joel and Edward, in leadership positions. Joel was 28 years old at the time.
Thirty years later, and here we are; the franchise remains in the hands of the Glazer family, with ownership split among the six siblings. The exact split has never been confirmed, but just assuming it’s an even split, Joel would own roughly 16.7%. In August 2024, Forbes valued the team at $5.4 billion, which is a whopping $5.2 billion more than their father paid. Assuming Joel has always held a 16.7% stake, in 1995, it would have been worth roughly $32.06 million, and by 2024, it had grown to $901.8 million.
Manchester United Acquisition
In May 2005, Joel Glazer and his family negotiated a deal to acquire 68% of the English Premier League soccer club, Manchester United. The acquisition, made through their company Red Football Ltd, was worth a reported £800 million (approximately $1.46 billion at the time). This would have placed the club’s valuation at roughly £1.18 billion ($2.15 billion).
The purchase initially put Manchester United under a heavy financial burden, as much of the £800 million was secured by borrowing against the club’s assets. It has been reported that this led to the club holding significant debts, owing £60 million per year in interest payments alone.
Although Manchester United is no longer a dominant force in the English Premier League, they were the league’s strongest club for seven years following the investment. In five of those years, they won the league, finishing second in the other two. As a result, the club’s value has increased significantly over the past two decades.
In December 2023, INEOS, led by billionaire Jim Ratcliffe, acquired 25% of the club’s A and B class shares at $33 per share. Since then, he’s increased his overall stake to roughly 28.9%.
As of May 2025, Joel Glazer holds a remaining stake of 43%, and the club’s market valuation is approximately $2.4 billion. This would equate to Glazer’s stake being worth an estimated $1.03 billion.
Philanthropy
Glazer supports various charities. His family founded the Glazer Family Foundation, which is dedicated to supporting children in the Tampa Bay area through various charitable initiatives.
Entrepreneurs
Ma Huateng Net Worth

Net Worth: | $31.4 Billion |
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Age: | 52 |
Born: | October 29, 1971 |
Gender: | Male |
Height: | 1.65 m (5 ft 5 in) |
Country of Origin: | China |
Source of Wealth: | Entrepreneur |
Last Updated: | February 15, 2024 |
Introduction
Ma Huateng is a Chinese business magnate, engineer, internet and technology, and philanthropist with an estimated net worth of $31.4 Billion.
Huateng is the chairman, founder, and chief executive officer of Tencent, Asia’s most valuable company, and one of the world’s largest Internet and technology companies.
Quick Facts
- Holds an 8.7% stake in the Chinese tech company Tencent
- Typically earns between $6 million and $8 million in annual compensation
- Peak estimated net worth of $65.8 billion in 2021
Net Worth History
Year | Net Worth |
---|---|
2009 | $3.5 Billion |
2010 | $4.4 Billion |
2011 | $5 Billion |
2012 | $6.4 Billion |
2013 | $12.1 Billion |
2014 | $13.4 Billion |
2015 | $16.1 Billion |
2016 | $16.6 Billion |
2017 | $24.9 Billion |
2018 | $45.3 Billion |
2019 | $38.8 Billion |
2020 | $38.1 Billion |
2021 | $65.8 Billion |
2022 | $37.2 Billion |
2023 | $35.3 Billion |
2024 | $31.4 Billion |
2025 | $46.2 Billion |
Although almost all of Huateng’s wealth has been generated through his ownership stake in Tencent Holdings, the percentage has gradually been reduced over time. This is primarily due to minor share sell-offs and the addition of new investors. At the time of the company’s founding, Ma Huateng owned 47.5% of the company. Over time, this has been reduced to an estimated 8.7%.
In 2009, Huateng’s net worth was estimated at approximately $3.5 billion. However, in 2012, Tencent’s market cap exploded to over $50 billion thanks to the growth of WeChat, the Chinese equivalent of WhatsApp. As a result, Huateng’s net worth almost doubled throughout the year, from $6.4 billion to $12.1 billion.
Tencent’s valuation continued to increase dramatically over the next several years, reaching $563 billion in 2018, with Huateng’s stake worth an estimated $45.3 billion. In recent years, China has proposed and introduced new, stricter regulations on the gaming industry, which have significantly affected Tencent’s market cap on more than one occasion.
In 2018, Chinese regulators introduced regulations requiring new games to receive approval from authorities before being released. Since 30% of Tencent’s revenues come from the online gaming industry, its valuation took a massive hit, wiping out over $200 billion in just nine months. Huateng’s net worth would have dropped significantly between 2018 and 2019; however, towards the end of the year, the company began recovering at a steady pace.
Tencent reached a new peak market capitalization of $916 billion in 2021, but suffered setbacks again from the Chinese government. The government proposed a new rule to curb the amount of money players can spend on online gaming. Huateng’s net worth went from a peak of $65.8 billion to $37 billion in a single year.
Tencent Compensation
While we don’t have a complete history of Ma Huateng’s annual Tencent compensation, we do have information regarding several recent years. This includes 2020, when he received a total compensation of CNY 58.74 million, equivalent to roughly $8.21 million.
In 2021, reports of his earnings are slightly more transparent, receiving a base salary of CNY 7.33 million ($1.02 million), bonuses of CNY 35.52 million ($4.97 million), plus pension contributions and director bonuses totaling CNY 1.26 million ($176,000). In 2023, Huateng earned a total compensation of CNY 42.92 million ($6 million).
All things considered, it appears that Ma Huateng’s total annual compensation from Tencent typically ranges between $6 million and $8 million per year.
Real Estate
Huateng owns a substantial real estate portfolio in Hong Kong, valued at several hundred million dollars overall. This included the 8,000-square-foot Shek O mansion he purchased for HK$480 million ($61.5 million) in 2009. The last known estimate of the property’s value was reported in 2017, at roughly HK$1.9 billion ($245 million).
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