There Are More Than A Dozen Billionaire European Families With Nazi Pasts

ByAmy Lamareon April 14, 2019inArticles›Billionaire News

Recently, the billionaire Reimann family admitted that their ancestors had profited from and took part in slave labor and Nazi practices during the Nazi regime. The Reimann family are the family behind Krispy Kreme and Panera Bread owners JAB. Holdings. The Reimann family is donating $11.4 million to charity after learning of their relatives’ involvement in World War II. Albert Reimann Sr. and Albert Reimann Jr. were enthusiastic supporters of Adolf Hitler and used Russian civilians and French prisoners of war as free labor to help build their fortunes.Additionally, the family will release the full report the historian Paul Erker is compiling on their ancestors’ ties to the Nazi regime to the public as soon as the report is complete as the family feels the whole truth must be available.

The Reimann family’s ties to Nazi activity are amongst the worst due to their company’s abuse and mistreatment of the workers being forced to work for them for free. However, the Reimanns are not the only billionaire family in Europe with such an unsavory history.

There Are More Than A Dozen Billionaire European Families With Nazi Pasts - 1

Pascal Le Segretain/Getty Images

Many of the companies with these ties acknowledge them and apologize for them. Unfortunately, monetary reparation is very rare. Among the families with ties to the Nazi regime in the past are BMW’s Quandt family and L’Oréal’s Bettencourt family.

Karthik Ramana, a professor of business and public policy at the University of Oxford said:

“With the passage of time, it gets increasingly difficult to make a legal argument around reparations, unless the claimant can show conclusive proof of theft by the defendant’s ancestors. What potential claimants are left with then is moral suasion—and given the stakes for incumbents, I wouldn’t hold my breath in expectation of a flood of reparations.”

  • Krispy Kreme Family Uncovers Nazi Past, And Seeks To Make It Right
  • Kylie Jenner’s Cosmetics Company Now Owned By Billionaire Krispy Kreme Family, Which Has A Nazi Past
  • Koch Brothers’ Father Built A Refinery For Hitler That Was Key Piece In Nazi War Machine
  • Adolf Hitler Net Worth
  • $150 Million Jewelry Collection Owned By Widow Of Nazi Party Member And Reportedly Linked To Nazi Crimes Set To Hit Auction Block
  • Shockingly, Mein Kampf Is Still A Bestseller In Some Places. Who Gets The Royalties??