German retail magnate missing in Alps: reports

[webfact]

German retail magnate missing in Alps: reports

 

FILE PHOTO: Karl-Erivan Haub (R) of the retailer group Tengelmann and German Chancellor Angela Merkel of the Christian Democratic Union (CDU) visit a Tengelmann supermarket during an election campaign rally in the western town of Muelheim August 20, 2009. REUTERS/Federico Gambarini/Pool

 

BERLIN (Reuters) - Tengelmann retail group chief Karl-Erivan Haub, whose family is among Germany's wealthiest, has been missing since Saturday when he failed to return from an off-piste skiing tour in the Alps, German and Swiss media reported on Tuesday.

 

Spiegel magazine cited a Tengelmann spokeswoman as saying a search was underway for the 58-year-old, who has run the group which owns the OBI home improvement chain and KiK fashion discounter since 2000.

 

Tengelmann could not immediately be reached for comment.

 

The Handelsblatt daily cited a letter to Tengelmann employees from his brother Christian saying the family had not given up hope, noting that Karl-Erivan was a very experienced skier and mountaineer.

 

Switzerland's Blick newspaper said the family had alerted Swiss authorities after Karl-Erivan had failed to return to his hotel in the resort of Zermatt after he set off from a lift on the Matterhorn mountain on Saturday morning.

 

Karl-Erivan is the fifth generation of the family to run the business that was founded in 1867 as an importer of coffee and tea and a trader in goods from the colonies.

 

Haub's father, Erivan Haub, died last month on his ranch in Wyoming. Forbes magazine estimated his fortune at $6.4 billion.

 

(Reporting by Emma Thomasson; Editing by Richard Chang)

 

-- © Copyright Reuters 2018-04-11

[cornishcarlos]

Drag a big piece of iron through the snow, that will find the magnate...

 

Hope he is found, safe and well !!

[lanista]

Two Burmese migrants have been seen in the area acting suspiciously.

[Benmart]

3 hours ago, lanista said:

Two Burmese migrants have been seen in the area acting suspiciously.

I find no humour in the pain, misery, misadventure and suffering of others.