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The secret world of the super-rich ZDFzeit

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ZDFheute Nachrichten

Published on Dec 12, 2023

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Jochen Breyer researches the world of Germany's super-rich: the country has 237 billionaires, and the number is rising. Who is the richest German? That was a secret for a long time. Until now: One name has not appeared in the annual lists for years. It is the name of the number one in the ranking. Why is that? The world of billionaires is considered closed and discreet. Julia Friedrichs and Jochen Breyer hold numerous preliminary discussions with high net worth individuals before they are finally invited to immerse themselves in the world of the super-rich. Breyer is allowed to board a private jet that a well-known German entrepreneur uses to fly from appointment to appointment. He meets investors who have bought entire housing complexes and streets. And he discusses questions of justice with the super-rich, but also taxes. During their research, the authors come across large law firms with highly specialized consultants who construct highly complex tax-saving models for high net worth individuals. An informant from the industry tells them in an anonymous interview: Through aggressive tax planning, it is legally possible to reduce the tax rate on capital gains to below one percent. Breyer and Friedrichs form their own opinion at an event where tax-saving tricks for the super-rich are presented - and gain deep insights into an advisory system that, with good contacts in politics, gets the best out of it for those who actually already have the most. You can find the entire documentary in the ZDF media library: https://kurz.zdf.de/jw3N/ And here is some exciting background information: What makes the super-rich really tick? Interview with Jochen Breyer: https://kurz.zdf.de/w7Sy/ New data on Germany's billionaires: https://kurz.zdf.de/yrwp/ _____ Here on ZDFheute News you can find out what is happening in the world and what concerns us all: We provide insight into the news world, explain the background and address social debates. Discuss with us in live streams and form your own opinion based on the facts we present to you. Subscribe to our channel so you don't miss anything. You can always stay up to date at http://www.ZDFheute.de/. #Money #Documentary #News

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