Crazy Rich

What would you do with one billion euros? How limitless the wealth of a few really is and how their fortunes change the country. Julia Friedrichs has achieved something unprecedented: she invites the super-rich to talk, and they allow her comprehensive insights into their world and answer her questions. Is wealth a private matter? Does it require a different tax system? Can it be right that extreme wealth is concentrated in the hands of so few? When is enough enough?

Following the trail of money, the author's research journey takes her to luxury yachts, family offices, and tax havens. In conversations with scientists and experts, she uncovers exclusive new data about the wealthiest families in the country. An eye-opening trip through the world of money and a multifaceted look at those who usually remain silent.

Who are Germany's super-rich? A super-rich person is someone who possesses many millions of euros. In this country, there are 2,900 individuals who own about 20 percent of the total financial wealth. But the number of super-rich is also increasing in other countries. With the money needed to maintain their super yachts for just one year, one could currently wipe out the debts of all developing countries in one fell swoop.

Should we set limits on wealth? What level of inequality can a community, a democracy—which in theory should value every vote equally—tolerate? How much can individuals claim for themselves in a world where resources are finite? Do we need to impose limits on wealth?

Julia Friedrichs traces the path of money. A compelling report on the question of how we want to live together as a society.