The neighbor was none other than the first Federal President Theodor Heuss, who spent his retirement in a small bungalow here in Stuttgart. A miniature golf course now adjoins the garden of the villa, followed by the facilities of the Weissenhof tennis club, the organizer of the Stuttgart tennis tournament. It is one of the most expensive and historic areas of Stuttgart where Wolfgang Porsche grew up. And the Villa Porsche, up here halfway up on the Killesberg, between the city center and the Porsche headquarters in Zuffenhausen, is perhaps the most historic residential building in the German automotive industry.
Gustave parts
Business correspondent in Stuttgart.
consequences
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Porsche’s grandfather Ferdinand Porsche had it built, and it was here that he developed the car for the Nazis that later went down in history as the Beetle. If you want to understand what the IPO of Porsche is all about, you should also take a look at the history and the eventful relationships between Porsche in Stuttgart and the VW Group in Wolfsburg, which have existed for almost a century and are older than Wolfsburg itself. Because when VW brings Porsche to the stock market in a few weeks, it’s not just about billions or showing investors why the VW group is undervalued. It is also about the Porsche and Piëch families once again securing a direct say in Zuffenhausen via their holding company, Porsche SE.