Porsche is a Hedge Fund That (Sometimes) Makes Cars - How Money Works | How Money Works
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Porsche, known for its high-performance sports cars, operates more like an investment firm than a traditional automaker. The company, founded in 1931 by Ferdinand Porsche, has a complex corporate structure that intertwines with Volkswagen Group, which owns Porsche while also being owned by it. This unique arrangement has led to Porsche's significant investments in various sectors, including commercial 3D printing and satellite launch platforms, raising questions about its primary focus.
The relationship between Porsche and Volkswagen has evolved over the decades, particularly after the European Union's formation in the 1990s, which allowed for potential takeovers of Volkswagen. Porsche gradually acquired a majority stake in Volkswagen, leading to a corporate maneuver in 2012 where Porsche sold its automotive division to Volkswagen in exchange for shares, consolidating voting power back with the Porsche family. This intricate history highlights how Porsche has leveraged its automotive brand to enhance its investment portfolio while navigating the complexities of corporate governance in Germany.
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Porsche is a Hedge Fund That (Sometimes) Makes Cars - How Money Works Enjoy high quality publications in audio by using this link to get 1-month FREE of NOA. Https://bit.ly/3KrES1C Sign up for my newsletter https://compoundeddaily.com 👈 ___ Link to the history video https://www.youtube.com/watch?v=FiR5hdXZv3A When you think of Porsche you probably think of fast cars, and finance bros. Porsche's are expensive but decidedly less flashy than their Italian rivals so they do well with the people that want an expensive sports car but don’t want to explain what they do for a living every time they stop t a gas station. What you might not know is that Porsche and the finance bro’s that enjoy the fast cars they make have more than a producer customer relationship. Porsche is itself, effectively an investment firm that happens to occasionally make cars on the side. If you weren’t confused already, Porsche Automobiles is owned by the Volkswagen group, the company that makes the golf and the beetle, but the Volkswagen group, is owned, by Porsche. You can also buy shares in Porsche, as well as Volkswagen because they are both public companies listed on the Frankfurt stock exchange, however, Volkswagen has announced plans to take Porsche public at the end of the year, even though it already is a public company. This corporate mess is only where the weirdness begins, because besides making cars Porsche has investments in companies that make commercial 3D printers, laser systems, and satellite launch platforms. #business #finance #howmoneyworks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact [email protected] All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - --------------------
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