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August von Finck junior, 91

2021-12-10T12:09:33.784Z


He would have preferred to be a farmer, but he bowed to his father and learned to be a banker. After the senior's death, August von Finck took over the management of the Munich-based private bank Merck Finck & Co in 1980 and became one of the last great patriarchs in Germany ...


He would have preferred to be a farmer, but he bowed to his father and learned to be a banker. After the senior's death, August von Finck took over the management of the Munich private bank Merck Finck & Co in 1980 and became one of the last great patriarchs in Germany. Although the multi-billionaire later sold the bank and other parts of the family empire, he remained an investor and puller for life. He had inherited the arch-conservative outlook from his father: "To the right of Gustl," as another banker once put it, "there is only Genghis Khan." Finck first donated large sums to the CSU, and later to the FDP. The fact that the Liberals had campaigned for a tax cut on hotel accommodation suited the baron - at the time co-owner of the Mövenpick hotel chain.The »Mövenpick donation« went down in history. Through his companies, Finck also promoted the rise of the AfD with the help of donations. Since 1999 he has been living in seclusion in Switzerland at Weinfelden Castle. August von Finck died in London on November 28th. MIC

Source: spiegel

All life articles on 2021-12-10

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