Allianz: CEO Bäte calls for higher inheritance tax – economy


Today, wealth comes mainly from inheritance and not from income, says Allianz CEO Oliver Bäte. His conclusion: “It is no longer fair.” A conversation about sensible taxes, big houses, heavy cars and his trouble with restaurateurs who had to close due to Corona.

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Marc Beise and Herbert Fromme

Oliver Bäte welcomes you in a large meeting room right next to the reception at Allianz headquarters. His security guards had concerns about a meeting because of the pandemic, says the CEO. But now he and the journalists are sitting at a huge oval table more than three meters apart – and are happy to see each other in person and not via video conference.

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