German Billionaire Karl-Erivan Haub Reported Missing in Swiss Alps
German billionaire & CEO of Tengelmann retail empire Karl-Erivan Haub, had disappeared during training for a ski mountaineering race in the Swiss Alps. He had disappeared on the world famous Matterhorn peak in Switzerland and was reported missing on the 7th April 2017, the next following morning after he did not show up at his hotel in Zermatt.
“German Billionaire Karl-Erivan Haub Reported Missing in Swiss Alps “
Search teams were despatched after Karl-Erivan was reported missing. The rescuers have no signal to track from his cellphone, which is believed to be switched off or the battery ran flat. The search was also complicated by bad weather, and crossing over into the borders of Italy. He had been training for the Patrouille des Glaciers ski race, scheduled on the 17th April 2018, an international ski event organized by the Swiss military.
The 58 years old billionaire Karl-Erivan Haub, has a family fortune exceeding $6 billion. The family main business is Tengelmann, a European retail conglomerate that owns supermarkets, clothing retailers, housewares stores, including hardware store Obi, clothing retailer KiK and major stakes in Netto supermarket chain and online retailer Zalando. The Haub family is one of the richest family in Germany, and Karl-Erivan Haub is the 5th generation running the business. In March 2018, his father Erivan Haub had died at the age of 86. Both his brother Christian W.E. Haub and himself have been co-running Tengelmann since 2000. Karl-Erivan Haub was born in Washington, United States in 1960.
About Tengelmann Group
With its modern structure and international outlook, the Tengelmann Group is a multi-sector retailer represented worldwide. Today, the Tengelmann Group holds 73 holdings which generate revenue of approximately 30 billion euros and employ more than 215,000 staff.
Its divisions include OBI DIY stores (Wermelskirchen), the textiles and non-food discounter KiK (Bönen), Trei Real Estate and Tengelmann E-Commerce as well as Emil Capital Partners. A number of smaller production companies, service providers and associated companies round off the Tengelmann Group portfolio.
The holding company is located in Mülheim an der Ruhr, where the long-established family business was founded in 1867. Operational management of the Group is now in the hands of the fifth generation of the family headed by Karl-Erivan W. Haub and Christian W . E. Haub (CEOs and Managing Partners).
Visit: Tengelmann Group
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