Madeleine Schickedanz
Encyclopedia
Madeleine Schickedanz is a German
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

 entrepreneur. She is the daughter of Gustav and Grete Schickedanz, the founders of catalog retailer Quelle Versand
Arcandor
Arcandor AG is a holding company located in Essen, Germany that oversees companies operating in the businesses of mail order and internet shopping, department stores and tourism services. It was created in 1999 through the merger of Karstadt Warenhaus AG, which was founded in 1920, and Quelle...

, which merged with Karstadt
Karstädt
Karstädt is a municipality in the Prignitz district, in Brandenburg, Germany....

 to form one of Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

's largest companies.

Biography

Madeleine Schickedanz interrupted her studies in business economics after two semesters. She is married to her third husband, Leo Herl. The pair splits their time between Fürth
Fürth
The city of Fürth is located in northern Bavaria, Germany in the administrative region of Middle Franconia. It is now contiguous with the larger city of Nuremberg, the centres of the two cities being only 7 km apart....

 and St. Moritz
St. Moritz
St. Moritz is a resort town in the Engadine valley in Switzerland. It is a municipality in the district of Maloja in the Swiss canton of Graubünden...

 as they wish. Schickedanz has four children, two each from her former marriages to Hans-Georg Mangold and Wolfgang Bühler, both of whom were Quelle managers. After her daughter Caroline successfully overcame leukemia
Leukemia
Leukemia or leukaemia is a type of cancer of the blood or bone marrow characterized by an abnormal increase of immature white blood cells called "blasts". Leukemia is a broad term covering a spectrum of diseases...

 in 1990, Schickedanz founded the Madeleine Schickedanz KinderKrebs-Stiftung, a charity that supports children who suffer from cancer
Cancer
Cancer , known medically as a malignant neoplasm, is a large group of different diseases, all involving unregulated cell growth. In cancer, cells divide and grow uncontrollably, forming malignant tumors, and invade nearby parts of the body. The cancer may also spread to more distant parts of the...

.

She was the 13th richest woman in the world, and the 142nd richest person in the world, according to Forbes in 2007. However, as of 9 June 2009, she has declared insolvency and may in a short time become bankrupt. She and her husband claim to live on only 600€ per month. In January 2010, she sold two of her villas is St.Moritz for 68 million Euros to pay down the debt.

External links

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