German entrepreneur Erivan Haub may no longer be with us, but his impact on the retail and investment world is still felt today. As a key player in managing and expanding the Tengelmann Group, Haub took the company to new heights with major acquisitions and international growth. His sons now carry on his legacy, with one serving as co-CEO and the other as chairman of an investment firm. In honor of his contributions, a prestigious business school bears his name.
Karl-Erivan Haub: Presumed Dead After Disappearance in the Swiss Alps
Karl-Erivan Haub, a German billionaire and heir to the Tengelmann Group, a retail and investment conglomerate, has been presumed dead after disappearing in the Swiss Alps.
Background:
Haub, 58, was born in 1962 in Munich, Germany. He inherited the Tengelmann Group from his father, Erivan Haub Sr., in 1982. Under Haub's leadership, the Tengelmann Group became one of the largest retailers in Europe, with operations in various sectors including supermarkets, home improvement, and apparel.
Disappearance and Presumed Death:
On April 7, 2018, Haub was hiking in the Gotthard Pass area of the Swiss Alps when he disappeared. A search and rescue operation was launched, but no trace of him was found. In April 2019, a Swiss court declared Haub legally dead, based on the assumption that he had died in an accident.
Legacy and Impact:
Haub was renowned for his business acumen and philanthropy. He was heavily involved in the Tengelmann Group's international expansion and led the acquisition of several major retail chains, including Obi and KiK. He also supported numerous charitable organizations and educational institutions.
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