HBO Industry is usually known for its shocking moments, both sexual and financial, but this week’s episode, titled “Habseligkeiten,” took the cake… And not with that — spoilers past this point — raunchy threesome featuring Mad Men star Kiernan Shipka, or any of Harper Stern’s (Myha’la) regular antics. Nope, it’s all about the Adolf Hitler painting Yasmin (Marisa Abela) found while on a trip to Vienna.
To set things up a bit, Yas and Henry (Kit Harington) head to Vienna to calm the nerves of Moritz Hunter-Bauer (Sid Phoenix), the head of IBN Bauer, which is being acquired by Henry’s banking app Tender. While there, Moritz’s mother Johanna (Susanne Wuest) tells Yas that the room she put Yas and Henry in is her favorite in the castle, which is where she mentions the term “habseligkeiten.” As Johanna explains it, roughly translated, the word means “possessions closest to your soul.” And uh, we find out which possession is closest to Johanna’s soul in the most laugh out loud bannana-pants moment the show has delivered, maybe ever.
Though Whitney and Henry have already left the castle, after that aforementioned threesome, Yas is still there packing up their things, as “Horst Wessel Lied” plays on the soundtrack. That’s when Yas notices a painting on the wall in the room, of the very castle they’re staying in: Neuschwanstein Castle. She looks at it closer, scanning the turrets and sees even the window of the room she’s currently in.
And then she notices the signature. Which reads “A. Hitler.”
The camera cuts from Yas back to the painting and then back to Yas as she slowly realizes that Johanna’s most prized possession is a painting by future genocidal maniac Adolf Hitler. And coupled with Moritz’s not-so-veiled treatise on the positives of fascism over democracy, and light anti-semitism over dinner… It all comes together. It’s all pretty nuts, but this has to be fake, right?
Is That A Real Adolf Hitler Painting On Industry?
Well, to be clear this is likely a prop on Industry. But yes, what you see on the show is a real painting from Hitler. Titled “Schloss Neuschwanstein,” it was painted in 1914 using watercolor, and in fact there’s even another variation of the painting, titled “Neuschwanstein Castle” based on the real castle in Bavaria.
The latter was purchased by an anonymous buyer (weird, why wouldn’t you want people to know you bought an original painting by Adolf Hitler?) from China for 100,000 Euros in 2015, alongside other pieces from Hitler that went for 400,000 Euros total (including “Neuschwanstein Castle”).
As for the former? Unknown. While there are rather disgustingly prints on sale everywhere for the painting used on Industry (do not support Nazi paintings should be a basic precept of life?), there’s no info on what happened to it — and in fact it’s only through a little digging that I was able to semi-confidently establish that “Schloss Neuschwanstein” is a painting, and not a highly cleaned up rendering of “Neuschwanstein Castle.”
In any case, to answer the central question? Yep, that’s a real Hitler painting, and Yas has gotten herself involved with Nazis. Yuh-oh.
Oh, also to mention: “Horst Wessel Lied” was a Nazi anthem, in case you missed exactly what was going on there, and for about a decade, the Nazis changed it into the national anthem of Germany. Again: Yuh-oh.
Industry Season 4 Premiere Dates And Episode Guide:
New episodes of Industry premiere Sundays on HBO and HBO Max at 9 p.m. ET. Here’s what we expect from the full list of episodes in Industry Season 4 with premiere dates.
- Sunday, January 11, 2026: Industry, Season 4, Episode 1 – “PayPal of Bukkake”
- Sunday, January 18, 2026: Industry, Season 4, Episode 2 – “The Commander and The Grey Lady”
- Sunday, January 25, 2026: Industry, Season 4, Episode 3 – “Habseligkeiten”
- Sunday, February 1, 2026: Industry, Season 4, Episode 4 – “1000 Yoots, 1 Marilyn”
- Sunday, February 8, 2026: Industry, Season 4, Episode 5 – “Eyes Without a Face”
- Sunday, February 15, 2026: Industry, Season 4, Episode 6 – “Dear Henry”
- Sunday, February 22, 2026: Industry, Season 4, Episode 7 – “Points of Emphasis”
- Sunday, March 1, 2026: Industry, Season 4, Episode 8 – “Both, And” *Season Finale*
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