Name
August von Finck
Primary Residence
Thurgau, Switzerland
Citizenship
Germany
Source Of Wealth
investments
Net Worth
$8,500,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
174
Forbes List Rank One: Title
#174 Billionaires 2019
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Summary
August von Finck Jr.'s wealth originates from a business started by his grandfather, Wilhelm von Finck, in 1870.Merck Finck & Co. is the private bank that spawned, among other companies, the Loewenbraeu breweries and insurers Munich Re and Allianz.With cash from the 1990 sale (to Barclay's Bank) of Allianz shares and Merck Finck & Co., von Finck Jr. has invested in a diversified portfolio.He has a 15% stake in Switzerland's Societe Generale de Surveillance (SGS), the world's leading verification, testing and certification organization.He also invests, together with his children, in real estate and industrial companies.
Did you know?
He resides in Schloss Weinfelden, a castle located in the canton of Thurgau in Switzerland, and maintains a low profile.
Age
89
Categories
Number of Children
4
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