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German retail magnate missing in Alps: reports

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German retail magnate missing in Alps: reports

 

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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)

 
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-- © Copyright Reuters 2018-04-11

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

 

Hope he is found, safe and well !!

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

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.

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