Signa founder Benko files for bankruptcy. Benko's value reached a high of $6 billion (5.5 billion euros) in 2023.
Forbes removed him from its international billionaire list in light of Signa's growing problems. As a 17-year-old, Benko was already earning good money by converting attics in his hometown of Innsbruck. This was later followed by a fairytale rise to become a real estate tycoon, becoming super-rich with skyscrapers.