BMW (Bayerische Motoren Werke) is a publicly traded company, but it is primarily owned by the Quandt family, who hold a significant portion of the shares. Specifically, Stefan Quandt and Susanne Klatten own nearly half of the company. The remaining shares are owned by public institutional and retail investors. Headquartered in Munich, Germany, the BMW Group also owns the Mini and Rolls-Royce brands.