The Reimann Family Thinks Donating 0.01% of Their Net Worth Makes Up For The Use of Nazi Slave Labor
The Reimann family’s charitable gift represents a fraction of its JAB fortune. Five family members — Wolfgang Reimann, Renate Reimann-Haas, Stefan Reimann-Andersen, Matthias Reimann-Andersen and Andrea Reimann-Ciardelli — are worth at least $10 billion combined, according to the Bloomberg Billionaires Index. Image from Shutterstock.
More than 70 years since the fall of the Third Reich, Hitler’s legacy in Germany is all but vanquished, alive only in obscure internet forums and in the offices of investigators trying to catch the last few surviving Nazi war criminals. There is, however, an entire swathe of industrial household names including Krupp AG, BMW and Daimler AG that have an acknowledged history of collaborating with Hitler’s regime, albeit with the understanding that there was really no other option available at the time.
For one powerful and secretive family, there is no such excuse. The Reimann family, which owns controlling stakes in brands like Krispy Kreme Doughnuts owes its entire fortune to Nazism. As far back as 1931 – two years before Hitler even came into power – family patriarch Albert Reimann made donations to the Nazi party, and later made a fortune off Nazi-sanctioned slave labor during the war. Recently forced to confront their ugly past, the Reimann family’s idea of restitution and drawing a line under historical atrocities was to donate the sum of $11 million – about 0.01 percent of their net worth – to an unnamed charity. As Bloomberg reports:
The Reimann family’s charitable gift represents a fraction of its JAB fortune. Five family members — Wolfgang Reimann,