Germany: the boss of the distributor Tengelmann disappeared in the mountains

In front of a sign Kaiser”s Tengelmann in Berlin on 6 October 2016 (Photo Odd ANDERSEN. AFP)

The boss of the German distributor Tengelmann, Karl-Yerevan Haub, one of the largest fortunes in germany, is missing since Saturday in a skiing area to the border swiss-Italian, announced a spokesman of the group to the agency dpa on Tuesday.

The research to try to find the billionaire 58-year-old, who was skiing at the time of his disappearance, continued, “we do everything we can to find him,” said the spokesperson.

According to the swiss daily Blick, the family of Mr. Haub has launched the alert because it did not show up to a scheduled appointment at his hotel in Zermatt. This skier aguéri was a party Saturday in the early morning for a ski tour alone.

The research focuses in the shadow of the Matterhorn, between the canton of Valais and the Aosta Valley.

The heirs of the empire Tengelmann are among the 100 richest families in the world, according to the press.

The family assets were valued at 3.5 billion euros in 2014.

The group Tengelmann in particular, holds the chains of clothing stores at a low price Kik and diy Obi.

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