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Scandal company Augustus Intelligence: One million for Karl-Theodor zu Guttenberg

2020-12-17T13:19:35.839Z


The founder of the start-up had hired the former Minister Karl-Theodor zu Guttenberg with promises of millions as a manager - now there is a risk of total loss. And investors are fighting a muddy battle.


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Balancing act: Karl-Theodor zu Guttenberg

Photo: 

Alex Trebus / photoselection

In his life as a political exile,

Karl-Theodor zu Guttenberg

(49) made a living room.

Since the CSU shooting star and ex-Federal Minister for Economics and later Defense buried his political career in 2011 for cheating on his doctoral thesis, he has been working as a consultant, TV commentator, board member, lobbyist, investor - and at times even as a start-up manager the imperial name Augustus Intelligence (AI).

A profitable thing, it seemed at first.

For his office as "President in charge of General Affairs", so to speak manager for everything, company founder

Wolfgang Haupt

(34) agreed to Guttenberg ("Dear KT") an annual salary of one million dollars.

In addition, there should be up to 146,462 stock options valued at up to $ 13 million.

This emerges from an employment contract from October 2019, which manager magazin has.

In the Guttenberg environment, it is said that he did not take advantage of the claims from the contract, also to support the company.

In total, his claims against AI were only $ 48,000, and he had not drawn any options.

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Source: spiegel

All news articles on 2020-12-17

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