Capital (German magazine)

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Capital
File:Capital Zeitschrift Logo 04.2023.svg
Editor-in-chiefTimo Pache
CategoriesBusiness magazine
FrequencyMonthly
PublisherRTL Deutschland
Founded1962; 64 years ago (1962)
CompanyRTL Deutschland (Gruner + Jahr brand)
CountryGermany
Based inBerlin
LanguageGerman
WebsiteOfficial website
ISSN0008-5847
OCLC803989959

Capital is a German-language monthly business magazine published by RTL Deutschland under the Gruner + Jahr brand. The publication is based in Berlin and covers economic, financial, and social issues with the editorial credo that "economy is society."[1]

History

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Capital was founded in 1962 by Adolf Theobald. Two-thirds of its shares were later acquired by John Jahr Sr. and contributed to the founding of Gruner + Jahr in 1965.[2] Gruner + Jahr became the sole owner in 1968.[3]

Originally headquartered in Cologne, the editorial office moved to Hamburg in 2009 when Capital, Financial Times Deutschland, Impulse, and Börse Online were merged into a joint editorial team.[4] After the closure of Financial Times Deutschland in 2012, Capital relocated to Berlin and relaunched both its magazine and website in 2013.[5]

On 1 March 2021, the political and business editorial teams of Stern, Capital and Business Punk were merged into a joint Berlin bureau. The combined team, comprising around 35 journalists, produces shared coverage for all three titles.[6][7] In February 2023, Timo Pache became editor-in-chief, succeeding Horst von Buttlar, who moved to Stern.[8]

Profile

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Capital presents business and finance topics from social, cultural, and economic perspectives. The magazine is structured around three main sections: World of Business, Invest, and Life, covering macroeconomic issues, wealth management, and lifestyle content respectively.[9] It is regarded as one of Germany's most widely read business magazines.[10]

In addition to print, the brand supports a robust digital presence, operating a mobile app, newsletters, and a digital subscription platform where readers access extended analyses, proprietary rankings, and financial data tools.[11][12]

Regular features

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Since 1970, Capital has published the annual Kunstkompass, a ranking of contemporary artists based on their exhibition presence and media visibility.[13] Other long-running rankings include the Top 40 under 40 ("Junge Elite"), a list of young leaders in business, politics, and science launched in 2007,[14] and the Capital Elite Panel, a long-term leadership survey conducted with the Institut für Demoskopie Allensbach.[15]

Events

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Capital hosts several high-profile business events:

  • Junge-Elite Summit, an annual Berlin gathering of the "Top 40 under 40" network with partners such as Google, Microsoft, or Vodafone.[16]
  • Vermögensaufbau-Gipfel, a conference for investors and financial advisers in Frankfurt am Main focusing on asset strategies, market outlooks, and sustainable investment.[17]

Brand and digital extensions

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Capital also publishes special issues under the Capital Extra label,[18] and operates the weekly financial newsletter Capital Depesche, available in print and digital form since the 1970s.[19]

In 2019, Capital and Online Marketing Rockstars (OMR) launched Finance Forward, a digital magazine and podcast focused on fintech and modern finance.[20] Other podcast formats include Meine erste Million with journalist Ronja von Rönne and Die Stunde Null hosted by former editor-in-chief Horst von Buttlar.[21]

Circulation

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Capital has experienced a gradual decline in print circulation, similar to other German business publications. According to IVW, the magazine sold around 116,000 copies in 2024.[22]

Editors-in-chief

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Tenure Editor-in-chief
1962–1971 Adolf Theobald
1971–1974 Ferdinand Simoneit
1974–1980 Johannes Gross
1980–1986 Ludolf Herrmann
1987–1988 Dieter Piel
1988–1991 Rolf Prudent
1991–2001 Ralf-Dieter Brunowsky
2002–2006 Kai Stepp
2006–2009 Klaus Schweinsberg
2009–2013 Steffen Klusmann
2013–2023 Horst von Buttlar
since 2023 Timo Pache

See also

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List of magazines in Germany

References

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Official website

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