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Originally Posted by Crawford
I knew Munich was rich, but had no idea it was significantly richer than Vienna, which is already one of the richest cities in Europe. Munich is really an incredibly prosperous place right now.
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Basically Munich´s ascend goes back to the 1970ies when the city was host to the Olympics. For almost 3 decades, Munich was the secret capital of West-Germany.
Its quite interesting that Munich, the capital of Bavaria, is sometimes overlooked as a business center in the Anglo-World. In fact Munich is host to several of the 30 German DAX companies.
BMW, Allianz (one of the worlds largest insurance company) , Munich Re (one of the worlds largest re-insurance company), Siemens (europes largest high tech company) are centered in the city.
You have heard of Bayern Munich the football club? Well, now you know were the money comes from to form a successful global sports brand ….