US News August von Finck († 91): One of the richest Germans: Münchner billionaire died

21:41  03 december  2021
21:41  03 december  2021 Source:   bunte.de

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The billionaire August from Finck Junior is dead. He died at the age of 91 years after a short and heavy illness. According to information from the "Münchner Merkur" Fincck died last Sunday in London.

August von Finck wurde 91 Jahre alt. © Imago / Weißfuß August Finck was 91 years old.

Fincl came from an entrepreneur family, which included Münchner Privatbank Merck Finck & Co., he was considered one of the richest Germans. The business magazine "Forbes" appreciated his assets to $ 8.7 billion (around 7.5 billion euros).

August by Finck: In the headlines he relyed as a party dispenser

Finck led over years the München Bankhaus Merck Finck & Co, which had sold this as well as a stake in a brewery, he became Main shareholder of the Swiss restaurant and hotel group "Mövenpick". Among other things, he founded the Degussa Goldenhandel, which should have helped temporarily to strengthen the financial base of the AFD.

into the headlines Finck got as a party dispenser. So he considered FDP and CSU with high amounts. Little later, the black-yellow coalition in the course of the Growth Acceleration Act (2009) lowered VAT to hotel nights, which became known as "Mövenpick Tax". Later, Fincck was released according to the "mirror" for the AFD by indirectly involved in the conception of a partisan campaign newspaper.

August from Fincck leaves three children.

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