It was a victory across the board for Julia Thiele-Schürhoff when the Heinz-Hermann Thiele Family Foundation started work on April 6th. After months of fighting, she prevailed against her stepmother, Nadia Thiele.
Julia is the daughter of multi-billionaire Heinz-Hermann Thiele, who died in 2021. The 51-year-old recently joined the powerful board of the newly founded foundation, alongside executor Robin Brühmüller and Stephan Sturm, the former CFO and CEO of the Fresenius Group. Assets of 15 billion euros that Heinz-Hermann Thiele left behind after his death flow into the foundation.
Recherche: Business Insider; Collage: Dominik Schmitt (Business Insider)
A huge inheritance. Perhaps the largest that has ever existed in Germany.
For the time being, Heinz-Hermann Thiele’s widow, Nadia Thiele, went empty-handed with the foundation. Despite her attempts to prevent the establishment of the foundation in its current form, she does not sit on the foundation council or the board of directors. The Munich public prosecutor’s office also dropped her criminal complaint, which she had filed against executor Brühmüller. Nevertheless, Nadia Thiele did not go away empty-handed. As Business Insider has learned, she is said to have inherited real estate assets worth around one billion euros from her husband.
Julia Thiele-Schürhoff, daughter of the late billionaire Heinz-Hermann Thiele, suddenly became a multi-millionaire in 2022 without inheriting.
She received 174 million euros through a capital reduction at Stella Vermögensverwaltungs GmbH, an investment vehicle through which the family holds shares in Knorr-Bremse. Although she comes from a family of billionaires, she lived for a long time with comparatively little money and most recently received 80,000 euros a year for her job as a member of the supervisory board at Knorr- Bremse.
There are doubts as to whether Heinz-Hermann Thiele would have wanted the money to flow to his daughter, since he kept her financially on a short leash for a long time.
A multimillionaire in one fell swoop
The victory over the stepmother should be the second time that Julia Thiele-Schürhoff has had reason to be happy in the past few months. Because, as research by Business Insider shows, the daughter suddenly became a multimillionaire in 2022. She received around 174 million euros – without inheriting.