One percent of Germans own over a quarter of the country's assets, whilst half of the country’s citizens have no assets at all. But while the German media report on the growing poverty in the country on a daily basis, little is known about the super-rich. They keep a very low profile and can walk the streets unrecognized. "Manager Magazin” says there were around 200 billionaires living in Germany in 2018, and their numbers are increasing. The documentary "Top of the World" asks why rich Germans are so unwilling to talk about their wealth. Its author immerses himself in the discreet world of big money and meets financial advisors with 800 years of family tradition behind them and billionaires such as drugstore king Dirk Rossmann and mail-order company heir Michael Otto - as well as a self-made businessmen such as Rainer Schaller. They talk about their notions of money and justice, the origins of their wealth and their fear of social envy.
Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Monday, 14 September 2020
Germany: The Discreet Lives of the Super-Rich | DW Documentary
The rich in Germany been never been as well-off as they are today and assets have never been so unevenly distributed. But who are they? How do they live? And what do they think of their country? A journey into the discreet world of the super-rich.
One percent of Germans own over a quarter of the country's assets, whilst half of the country’s citizens have no assets at all. But while the German media report on the growing poverty in the country on a daily basis, little is known about the super-rich. They keep a very low profile and can walk the streets unrecognized. "Manager Magazin” says there were around 200 billionaires living in Germany in 2018, and their numbers are increasing. The documentary "Top of the World" asks why rich Germans are so unwilling to talk about their wealth. Its author immerses himself in the discreet world of big money and meets financial advisors with 800 years of family tradition behind them and billionaires such as drugstore king Dirk Rossmann and mail-order company heir Michael Otto - as well as a self-made businessmen such as Rainer Schaller. They talk about their notions of money and justice, the origins of their wealth and their fear of social envy.
One percent of Germans own over a quarter of the country's assets, whilst half of the country’s citizens have no assets at all. But while the German media report on the growing poverty in the country on a daily basis, little is known about the super-rich. They keep a very low profile and can walk the streets unrecognized. "Manager Magazin” says there were around 200 billionaires living in Germany in 2018, and their numbers are increasing. The documentary "Top of the World" asks why rich Germans are so unwilling to talk about their wealth. Its author immerses himself in the discreet world of big money and meets financial advisors with 800 years of family tradition behind them and billionaires such as drugstore king Dirk Rossmann and mail-order company heir Michael Otto - as well as a self-made businessmen such as Rainer Schaller. They talk about their notions of money and justice, the origins of their wealth and their fear of social envy.
Labels:
Germany,
super-rich