Education and Professional Background
In 1991, after finishing high school (Gymnasium) in Rosenheim, Guttenberg joined Mountain Infantry brigade 23 (Gebirgsjäger) based in Mittenwald as a conscript. He subsequently left the army as a Reserve Sergeant.
Guttenberg studied law at the University of Bayreuth, where he passed the first legal state examination (said to be the equivalent of a master's degree) in 1999. Guttenberg chose not to pursue the second state examination (the equivalent of a bar exam), and focused on running the Munich-based "Guttenberg GmbH" holding where, along with a few employees, he managed his family’s significant assets and various participations. Due to the holding's low turnover and small number of employees, it was said that Guttenberg had exaggerated his business experience. At the time the Guttenberg GmbH had a capital stock of 1 million Euro and assets of more than a quarter of a billion Euro. These assets include a 26.5 percent share in the Rhön-Klinikum hospital chain, where Guttenberg was a member of the Supervisory board from 1996 to 2002. In 2002, that stake was sold to HypoVereinsbank in a transaction valued at 260 million Euro.
In addition, Guttenberg studied political science at the Munich School of Political Science.
During his university studies he worked as an intern at two law firms—one in Frankfurt, the other in New York. Guttenberg's claim in his CV that these internships were actually "professional experience" (German: "berufliche Stationen") was criticised by German newspapers as a CV exaggeration. Guttenberg later worked for 6 months for the daily Die Welt.
Read more about this topic: Karl-Theodor Zu Guttenberg
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