August von Finck

August von Finck is a German businessman who has a net worth of $8.2 billion. His grandfather was Wilhelm von Finck who founded the private bank, Merck, Finck & Co and also the insurance giant – Allianz. August inherited both these business entities from his grandfather and was in charge of both of them. Till 1990 he headed both the bank and the insurance company.

Read also :  The Billionaires of Germany

August von Finck

But then he oversaw the sale of both these companies to Barclays Bank in 1990. He is one of the richest man in Germany but he prefers to reside in Switzerland. The businessman is in his eighties and has a tax-free home in Switzerland and boasts of an investment portfolio that has under its umbrella – real estate companies, champagne maker, restaurants, hotels, breweries, an insurance group etc. He does administer all these entities successfully from his home in Switzerland. 

August von Finck

He is married and has 4 children and, as stated, lives in Thurgau (Switzerland). One of his sons is named August Francois Von Finck. Last year Forbes named him among the 150 richest men in the world and he is also the 10th wealthiest man in Germany. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)