The RAG Foundation in Essen has rejected accusations of overly risky investments. Germany's wealthiest private foundation recorded profits in 2025 and does not see its financing at risk.
The Essen-based RAG Foundation responded to a critical report by the state audit offices of North Rhine-Westphalia and Saarland. The report examined the investment policy of Germany's largest private foundation. The foundation is nevertheless restructuring its portfolio, mainly in one area. It stressed that its foundation purpose remains secure. The auditors' report prompted the foundation's public statement from Düsseldorf.
