{{Short description|German business magazine}} {{Use dmy dates|date=October 2025}} {{Infobox magazine | title = Capital | logo = Capital Zeitschrift Logo 04.2023.svg | image_file = Cover Captial 03 2015.jpg | editor = Timo Pache | editor_title = Editor-in-chief | frequency = Monthly | category = Business magazine | company = RTL Deutschland (Gruner + Jahr brand) | publisher = RTL Deutschland | founded = {{start date and age|1962}} | country = Germany | based = Berlin | language = German | website = {{official|https://www.capital.de}} | issn = 0008-5847 | oclc = 803989959 }}
'''''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."<ref>{{cite web|url=https://www.ntv.de/incoming/Capital-article22323160.html|title=Capital|work=n-tv|language=de|access-date=23 March 2022}}</ref>
== History == ''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.<ref>{{cite web|url=http://guj-chronik.de/wp-content/uploads/2017/05/161122_Vortrag-Geschichtswerkstatt_B%C3%B6.pdf|title=Ein Überblick über die Geschichte des Druck- und Verlagshauses Gruner + Jahr|publisher=Gruner + Jahr|access-date=24 October 2021|language=de}}</ref> Gruner + Jahr became the sole owner in 1968.<ref>{{cite web|url=https://www.capital.de/karriere/nachruf-auf-capital-gruender-theobald|title=Nachruf auf Capital-Gründer Theobald|website=Capital.de|date=3 September 2014|language=de|access-date=25 October 2021}}</ref>
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.<ref>{{cite news|url=https://www.horizont.net/medien/nachrichten/-GJ-Wirtschaftspresse-Alle-Titel-bleiben-erhalten--Zentrale-Redaktion-in-Hamburg-80409|title=G+J-Wirtschaftspresse: Alle Titel bleiben erhalten|work=Horizont|date=19 November 2008|language=de|access-date=25 October 2021}}</ref> After the closure of ''Financial Times Deutschland'' in 2012, ''Capital'' relocated to Berlin and relaunched both its magazine and website in 2013.<ref>{{cite news|url=https://meedia.de/2013/01/16/capital-alles-auf-anfang-in-berlin/|title=Capital: Alles auf Anfang in Berlin|work=Meedia|date=16 January 2013|language=de|access-date=25 October 2021}}</ref>
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.<ref>{{cite news|url=https://www.sueddeutsche.de/medien/stern-capital-fusion-gruner-jahr-1.5179683|title="Stern" und "Capital" mit gemeinsamem Hauptstadtbüro|work=Süddeutsche Zeitung|date=20 January 2021|language=de|access-date=14 March 2024}}</ref><ref>{{cite news|url=https://www.dwdl.de/nachrichten/81149/stern_und_capital_buendeln_politik_und_wirtschaftsressorts/|title="Stern" und "Capital" bündeln Politik- und Wirtschaftsressorts|work=DWDL|date=19 January 2021|language=de|access-date=25 October 2021}}</ref> In February 2023, Timo Pache became editor-in-chief, succeeding Horst von Buttlar, who moved to ''Stern''.<ref>{{cite news|url=https://www.wuv.de/medien/timo-pache-wird-chefredakteur-von-capital|title=Timo Pache wird Chefredakteur von Capital|work=W&V|date=19 January 2023|language=de|access-date=1 October 2025}}</ref>
== Profile == ''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.<ref>{{cite web|url=https://www.wipub.net/das-wirtschaftsmagazin-capital-eine-rezension/|title=Das Wirtschaftsmagazin Capital – eine Rezension|website=WiPub.net|date=18 December 2018|language=de|access-date=25 October 2021}}</ref> It is regarded as one of Germany's most widely read business magazines.<ref>{{cite web|url=https://www.ifd-allensbach.de/awa/medien/printmedien.html|title=Printmedien – AWA Allensbach|publisher=IfD Allensbach|language=de|access-date=25 October 2021}}</ref>
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.<ref>{{cite web|url=https://apps.apple.com/de/app/capital-magazin/id1171007601|title=Capital Magazin App description|website=Apple App Store|date=16 July 2023 |access-date=5 October 2025}}</ref><ref>{{cite web|url=https://www.capital.de/|title=Capital – official site|website=Capital.de|access-date=5 October 2025}}</ref>
== Regular features == Since 1970, ''Capital'' has published the annual '''Kunstkompass''', a ranking of contemporary artists based on their exhibition presence and media visibility.<ref>{{cite web|url=https://www.capital.de/wirtschaft-politik/kunstkompass-2023-die-wichtigsten-kuenstler-der-welt-34663482.html|title=Kunstkompass 2023: Die wichtigsten Künstler der Welt|website=Capital.de|date=6 October 2023|language=de|access-date=1 October 2025}}</ref> 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,<ref>{{cite web|url=https://media.rtl.com/meldung/Capital-kuert-die-herausragenden-Talente-Deutschlands-die-Top-40-unter-40/|title=Capital kürt die herausragenden Talente Deutschlands – die "Top 40 unter 40"|publisher=RTL Media Hub|date=15 November 2024|language=de|access-date=1 October 2025}}</ref> and the '''Capital Elite Panel''', a long-term leadership survey conducted with the Institut für Demoskopie Allensbach.<ref>{{cite web|url=https://www.ifd-allensbach.de/fileadmin/IfD/sonstige_pdfs/CAPITALFAZ_PK_20180523_Handout.pdf|title=CAPITAL–F.A.Z. Elite-Panel|publisher=IfD Allensbach|date=23 May 2018|access-date=24 October 2021}}</ref>
== Events == ''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.<ref>{{cite web|url=https://www.capital.de/thema/junge-elite|title=Junge Elite – Archive|website=Capital.de|language=de|access-date=1 October 2025}}</ref> * '''Vermögensaufbau-Gipfel''', a conference for investors and financial advisers in Frankfurt am Main focusing on asset strategies, market outlooks, and sustainable investment.<ref>{{cite web|url=https://www.cfa-germany.de/de/events-bildung/volkswirtschaft-und-kapitalmarkt/690/capital-vermoegensaufbau-gipfel-2019|title=Capital Vermögensaufbau-Gipfel 2019|publisher=CFA Germany|language=de|access-date=25 October 2021}}</ref>
== Brand and digital extensions == Capital also publishes special issues under the ''Capital Extra'' label,<ref>{{cite web|url=https://shop.capital.de/de_DE/einzelhefte|title=Capital Einzelhefte – jetzt im Online-Shop bestellen|website=shop.capital.de|language=de|access-date=25 October 2021}}</ref> and operates the weekly financial newsletter ''Capital Depesche'', available in print and digital form since the 1970s.<ref>{{cite web|url=https://www.guj.de/news/neuigkeiten/einzelansicht/capital-relauncht-seinen-woechentlichen-boersenbrief-capital-depesche|title=Capital relauncht seinen wöchentlichen Börsenbrief "Capital Depesche"|publisher=Gruner + Jahr|date=23 June 2003|language=de|access-date=25 October 2021}}</ref>
In 2019, ''Capital'' and Online Marketing Rockstars (OMR) launched ''Finance Forward'', a digital magazine and podcast focused on fintech and modern finance.<ref>{{cite web|url=https://meedia.de/2019/10/02/finance-forward-omr-und-capital-machen-beim-aufbau-eines-neuen-finanz-mediums-gemeinsame-sache/|title=Finance Forward: OMR und Capital machen beim Aufbau eines neuen Finanzmediums gemeinsame Sache|work=Meedia|date=2 October 2019|language=de|access-date=25 March 2022}}</ref> 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.<ref>{{cite web|url=https://www.guj.de/news/neuigkeiten/einzelansicht/capital-startet-podcast-meine-erste-million-mit-ronja-von-roenne|title=Capital startet Podcast "Meine erste Million" mit Ronja von Rönne|publisher=Gruner + Jahr|date=19 August 2020|language=de|access-date=25 October 2021}}</ref>
== Circulation == ''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.<ref>{{cite web|url=https://de.statista.com/statistik/daten/studie/527489/umfrage/verkaufte-auflage-von-capital/|title=Capital – Verkaufte Auflage bis 2024|website=Statista|language=de|access-date=1 October 2025}}</ref>
== Editors-in-chief == {| class="wikitable" ! 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 == List of magazines in Germany
== References == {{Reflist}}
== External links == [https://www.capital.de/ Official website]
{{Bertelsmann}} {{Authority control}}
{{DEFAULTSORT:Capital}} Category:1962 establishments in West Germany Category:Business magazines published in Germany Category:German-language magazines Category:German news websites Category:Monthly magazines published in Germany Category:Magazines published in Hamburg Category:Magazines established in 1962