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Germany: The Discreet Lives Of The Super-Rich | 48 Hours Mystery Fateful Connection - At Up-Tube.com

Germany: The discreet lives of the Super-Rich 48 Hours Mystery Fateful Connection 3 months ago   42:26

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.


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Comments 2274 Comments

they don't think very highly of americans
Leon Lapide
Rich people work hard. Their minds do not take rest
pika chu
Moi aussi je veux être riche...
Filipa Perris
Thanks. Please Tag #natercia_perris or @ TercysGallery.com
Louise Greenwood
Haha ! they've spelt "discreet" wrong. You want to know what God thinks of money - just look at the people he gave it to. (Dorothy Parker)
Tamar Leah H.
The reason why there's such a difference in wealth is because there are so many regulations that make it difficult to even start a business. Therefore the only ones who can do business are big businesses.
Richard Broski
What would they have to gain at all by exposing themselves? Youtube stardom? give me a break. They stand to lose a lot if they did.
Anatol Balthasar
I would be carful with claim that “we do not want to have a social problems like in ...” you do have a special problem by all means. And there’s nothing you can do to stop it. Regards!
We have a lot of super rich here in Stuttgart.
They go to the supermarket, drive a middle class car,... .
They show their wealth, but not at home in Germany.
Here the motto is: understatement.
Mostly because of the german „Neidgesellschaft“
Tom Smith
I don’t think it’s modesty that keeps europeans quiet about wealth. I think it’s because being very rich is only one small part of who you are, and not the most important.

I think Europeans just don’t find it very interesting, and don’t derive much status from it. So why talk about an unimportant minor thing
In Germany the politicians use the envy to gain votes. It is pretty common to spread hostility (i see it nearly every day in interviews and speeches from left politicians of the parties SPD, Grünen(green party), die Linken) towards people that have money, even against middle class that suffers the most from the tax system. I am not surprised that rich people try to hide.

Also, according to recent reports and studies the wealth in Germany is so unevenly distributed because Germany took in millions of poor immigrants. If they take those out of calculations the GINI coefficient didn't change in the course of past 20 years. The people in low income sector actually saw big pay raise in the past 10 years, by far more than middle class.
The European Union contributed to the stagnation of new money in Europe hence Brexit. As it is, the union was created to stop resource competition in order to grow the region and avoid conflict. Unfortunately Germany stands right in the middle of this even with its engineering pedigree and vast prospects in innovation.
All white, all children of the 3rd reicht. The germans managed after all to conquer Europe, but in a economic way.
Everythingisbetterin Pink
Hmm mein Gehirn versteht leider noch nicht ob ich auf das Englisch oder Deutsch achten soll
The rich need to give their money to the refugees they dont need billions of euro
Anooblikeguy Lol
Do you know how many billionaire in china?
Politically Correct
Thank you very much. For the millionaire that opened up.
Chirag Agrawal
@6:25 .hymens...hidden??..Did everyone miss the joke. It sure did get a chuckle out of me
Kyle L
Jason Smith
getting rich is a combination of what you know and who you know. these journalists are focusing exclusively on the latter.
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48 Hours Mystery Fateful Connection Germany: The discreet lives of the Super-Rich 3 months ago   39:38

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