"Dem Muthigen Gehört Die Welt", Walzer, Op.25 by Johann Strauss III 

"Dem Muthigen Gehört Die Welt" - the waltz op. 25, created by Johann Strauss III (1866-1939), who was Eduard's son (a grandson of Johann Strauss I) and the last composer of the Strauss Family.
Source of the recording: Strauß Familie Album, Conductor - Sven Verde, Orchestra - Musica Sveciæ