I studied at Goldsmiths, University of London and joined from Spear's Magazine, where I covered everything from the Westminster bubble to world of wealth management, private banking, divorce law, alternative assets, tax, tech and succession. spannenden und abwechslungsreichen Tätigkeit. Dahinter steht eine Redaktion, die dem Qualitätsjournalismus verpflichtet ist. The group played a prominent role advocating for the reunification of Germany and championing free-market principles throughout West Germany’s tumultuous post World War II years. Succession at a global media empire is a tricky business–the inspiration for popular HBO melodramas, no less. Axel Cäsar Springer (2 May 1912 – 22 September 1985) was a West German conservative media tycoon, founder in 1946 founded of what is now the Axel Springer SE publishing company. “If you do receive something more than EUR 26 million, then we look into your private worth. 12.06.2019 Ad-hoc Announcements . Wir sind verlässlich, innovativ, schnell und mutig. Unsere Profis texten, layouten, drehen, schneiden und gestalten nach Maß. Axel Springer, the company, goes public, but publisher Axel Springer dies in Berlin at age 73. Axel Springer SE: Squeeze-out may be completed . Döpfner would in this scenario give information to the tax authorities on his properties and valuable assets (excluding the Axel Springer stake) to be taxed at up to 50% of their value. When KKR bought 47.6% of the firm for $3.8 billion in April, taking Axel Springer off the Frankfurt stock exchange, Friede Springer’s 42.6% stake was worth $3.4 billion (€2.9 billion). I am a wealth reporter at Forbes, based in London covering the business of billionaires, philanthropy, investing, tax, technology and lifestyle. She gave a generous 15% stake to loyal CEO Mathias Döpfner, plus sold him an additional 4.1% of the company, to ensure a “smooth” succession of the empire founded by her late husband into the hands of her CEO. Axel Springer is a media and technology company and active in more than 40 countries. Why Mathias Döpfner wants to navigate this enormous tax bill is clear–not every ‘gift’ arrives with a $500 million tax bill attached. Stefan Bach from DIW Berlin, an economic research institute in Germany agrees, citing the 2016 reform of Germany’s corporate privileges and adding that Döpfner will likely “expend” 50% of his private wealth excluding business assets to pay the tax bill.“The exceeding amount is waived, so the effective tax burden might be rather low,” he says by email. Axel Springer is the media and technology company | We empower free decisions. He was named CEO of Axel Springer in January 2002; his pay package for that position has not been disclosed. Gift tax rates in Germany for transfers from non family members range from 30% to 50%, depending on the size of the gift received, according to Thomson Reuters. If a single one of these criteria is not met, Döpfner’s tax exemption is revoked, he adds. When KKR bought 47.6% of the firm for $3.8 billion in April, taking Axel Springer off the Frankfurt stock exchange, Friede Springer’s 42.6% stake was worth $3.4 billion (€2.9 billion). He explains in Germany “special rules” now prevent large amounts of money from being withdrawn from businesses. He climbed the ladder over 22 years at Axel Springer after first working in journalism, with spells as editor-in-chief of Wochenpost in Berlin from 1994 to 1996 and Hamburger Morgenpost from 1996 to 1998, before arriving at Axel Springer SE in 1998 as editor-in-chief of Die Welt. Friede Springer said in a statement that she is delivering on a promise to “ensure continuity” and “safeguard the future of Axel Springer”and was “very happy and grateful to have found my successor in Mathias.”, Mathias Oliver Christian Doepfner (Right), CEO of German media group Axel Springer SE, and Friede Springer (Left), publisher and widow of Axel Springer. Axel Sven Springer, grandson of the publisher (l), and Friede Springer. Forbes now estimates Springer to be worth $3.1. In 2012, the founder’s grandson Axel Sven Springer chose the 100th birthday of his grandfather to publish a book on why he had, in his own words, “spent seven years fighting for my inheritance through the courts." The succession might yet make two billionaires from one fortune. By providing information across its diverse media brands (among others BILD, WELT, BUSINESS INSIDER, POLITICO Europe) and classifieds portals (StepStone Group and AVIV Group) Axel Springer SE empowers people to make free decisions for their lives. Menschenrechte, Demokratie und Meinungsfreiheit in unserem Land, in Europa, überall – für diese Ideen arbeiten wir gemeinsam, jeden Tag. Company Outlook. Axel Springer SE (AXELF) Other OTC - Other OTC Delayed Price. Axel Springer acknowledged questions over taxation but did not comment on the details of Döpfner’s personal tax plans, though a spokesperson emphasized that the gift will “of course” be taxed properly according to the applicable tax rules. Or, a ridiculous low amount of gift tax in relation to what he has got now,” he says. The two media groups Ringier and Axel Springer are founding a further joint-venture company in which each will hold an equal stake. In cases where paying a tax would result in a large sum of money exiting the business, a tax exemption could be granted. I cover the work and wealth of Europe's richest. (DE000A2NBX80) steigt in den Index auf. 12.02.2021 Press Releases . Um den Lesefluss zu erleichtern, beschränken wir uns im Textverlauf auf männliche Bezeichnungen. As with many billionaire families (such as the Albrecht dynasty, of Aldi fame, and, most recently, the U.K.’s Barclay brothers), the Springers have encountered struggles in passing on businesses and wealth from those who built the fortune to the younger generation. Head of Communications News Media International . Wenn du Teil eines Unternehmens sein willst, in dem kreative und mutige Leute gemeinsam gesellschaftliche Verantwortung übernehmen und neue unternehmerische Lösungen finden, wenn dir wichtig ist, dass deine Arbeit einen Unterschied macht, bist du bei uns richtig. By the early 1960s his print titles dominated the West German daily press market. Dann bewirb Dich jetzt bei Axel Springer National Media & Tech. Majority shareholder KKR has not responded to a request for comment. His Bild Zeitung became the nation's tabloid. Founded in 1946, Axel Springer is one of the largest publishing houses in Europe, with over 16,000 employees. That puts taxation in the range of $300 million to $500 million. Der Axel Springer Auto Verlag ist eine hundertprozentige Tochter der Axel Springer SE, ein in Europa führendes multimedial integriertes Medienunternehmen mit einer Vielzahl an gedruckten und digitalen Angeboten und Beteiligungen an TV-Radiosendern im In- und Ausland. Support der Product Owner beim Ticketing im Produkt Backlog von welt.de und WELT-Apps, immatrikulierter Student im Studiengang Journalismus, Betriebswirtschaftslehre, Medienmanagement, Wirtschaftskommunikation oder anderen, vergleichbaren Studiengängen. Download the Annual Report 2019 Download the Financial Statements of Axel Springer SE as of December 31, 2019 Segment figures of previous quarters can be downloaded as an Excel spreadsheet; Press Release. (DE0005419105) aus dem SDAX-Index nach. Market open. Media Impact GmbH & Co. KG – als Vermarkter von Axel Springer und ausgewählten Mandanten, arbeiten wir täglich leidenschaftlich daran, unseren Kunden die optimale Bühne für ihre Werbebotschaft zu bieten. billion. Although Döpfner is reported to be highly paid across a variety of roles, including a board seat at Netflix, he is not from a historically wealthy family. Startseite › Company. Unseren Kunden helfen wir, ihre Zielgruppen mit Medien zu erreichen, die etwas bewirken. 79.57 0.00 (0.00%) As of February 23 9:45AM EST. Axel Springer’s publications include prominent German newspapers Bild and Die Welt, plus New York-based digital news outlet Business Insider. Germany's leading newspaper company and one of Europe's largest media concerns, Axel Springer publishes more than 170 newspapers and magazine titles in more than 40 countries. Wir bringen Journalismus und Technologie zusammen und machen so Journalismus zukunftsfähig. I studied at Goldsmiths. Wir freuen uns unabhängig von Geschlecht, Nationalität, ethnischer und sozialer Herkunft, Religion, Weltanschauung, Behinderung, Alter sowie sexueller Orientierung und Identität auf alle Bewerbungen. Depending on how aggressively he can sidestep the tax bill from his new windfall, Döpfner could eventually join the billionaire ranks as well. U.S. President Ronald Reagan, Axel and Friede Springer. © 2021 Forbes Media LLC. Axel Springer SE: Forecast for 2020 fiscal year withdrawn due to Corona crisis . They will now be exercised by Döpfner, making the CEO, with 44% voting rights, the second-most powerful shareholder after KKR, which has 47.6%. I am a wealth reporter at Forbes, based in London covering the business of billionaires, philanthropy, investing, tax, technology and lifestyle. It generated total revenues of about €3.3 billion and an EBITDA of €559 million in the financial year 2015. Veränderung ist für uns selbstverständlich. To qualify for the tax exemption, for the next seven years, payroll expenses at Axel Springer cannot decline, business assets and equity shares cannot be sold, and no withdrawals can be made that exceed profits and capital contributions, says tax lawyer Schubert. In gifting and selling stock to Döpfner, Friede Springer cut her stake to 22%, reducing her net worth by an estimated $1.4 billion—yet she’ll still make the World’s Billionaires list. An Axel Springer spokesperson confirmed there will be no further share sales by Döpfner or Friede Springer, but did not specify a time period. Publication of the Annual Report 2019 . © Axel Springer SE 2020.Axel Springer is the media and tech company. Axel Springer SE is a German digital publishing house which is the largest in Europe, with numerous multimedia news brands, such as Bild, Die Welt, and Fakt and more than 15,000 employees. Informationen zur Schwerbehindertenvertretung bei Axel Springer sowie die Kontaktdaten findest du hier: career.axelspringer.com/de/ksbv. Dennoch ist Vielfalt (Diversity) ein wesentlicher Teil unserer Unternehmenskultur! Last week, in Germany billionaire Friede Springer sliced her 43%, $3 billion dollar stake in German publishing giant Axel Springer in half. Company . Dafür nutzen wir die crossmediale Power der Axel Springer Marken wie zum Beispiel BILD, Welt und Business Insider. Veränderung ist für uns selbstverständlich. But if you’re willing to hand over a billion dollars worth of company stock, a smooth succession can, it would seem, be easily achieved. Die WeltN24 GmbH macht unter der Marke WELT journalistische Angebote für alle relevanten Informationsplattformen. Forbes was unable to reach these heirs directly. Der nächste Termin für die planmäßige Überprüfung der DAX-Indexfamilie ist der 4. Springer, now 78, inherited the publishing empire from her husband Axel following his death in 1985. Notable bylines include an investigation into Switzerland's bi-lateral bonds to the European Union, and a journey through Bhutan - testing the hunger for democracy, and the love for their King.