Prince of Liechtenstein Foundation
Private | |
Industry | |
Founded | 1970 |
Founder | Prince Hans-Adam II |
Headquarters | Vaduz, Liechtenstein |
Key people
|
Prince Philipp Erasmus, (CEO and President) Prince Hans-Adam II, (Chairman of the Board of Trustees) |
Products | |
Revenue | Confidential |
Confidential | |
AUM | $6.25-7.6 billion (2011 est.)[1][2] |
Owner | Princely Family of Liechtenstein |
Number of employees
|
30[3] |
Website | [4] |
The Prince of Liechtenstein Foundation is a portfolio of private companies, museums, and art collections owned by the Princely Family of Liechtenstein.[4][5] It is essentially a cap for a multitude of investments, such as the LGT Group, the Hofkellerei Wineries, Wilfersdorf Agricultural and Forest Company, RiceTec, and real estate holdings in Vienna, Austria.[6] As of 2012, there were 15 companies and 2 museums owned by the Foundation.[6][7][8] In late 2009, rumors speculated that the Foundation was attempting to purchase rights to Vaduz FC.[9] However, this has never been confined or denied, as of late 2012.[10] The Foundation also plays national heritage and political roles, opening up a Liechtenstein culture museum,[11] selling the political books that support the royal family,[12] and funding right-leaning politicians.[10]
The Foundation is a Vaduz-based establishment, created in 1970, to manage assets of the Princely Portfolio.[13] Prince Hans-Adam II was head of the Foundation from 1970 through 1984, until his brother Prince Philipp Erasmus succeeded him as CEO, Prince Philipp was also the CEO for LGT Group, before being replaced by his nephew Prince Maximilian in 2006.[14] Before becoming CEO, Prince Philipp was a well known hedge fund investor, working at the head of many influential investment firms.[7] However, Prince Hans-Adam II is still the main beneficiary of the Foundation at the present time.[15] The chairman of Pearson PLC, Glen Moreno, is on the Board of Trustees at the Foundation and also LGT Group.[16] Dr. Cuno Pümpin, is the Chairman of the Board of Directors at Invision Private Equity AG, he is also a member of the Board of Trustees at the Foundation and LGT Group.[17]
List of companies
Here is a list of all Foundation companies, they are:[6][18][19][20]
- Real Estate Administration Vienna
- Wilfersdorf Agricultural and Forest Company
- Forestry Kalwang
- Hofkellerei Wilfersdorf
- Hofkellerei Vaduz
- LIECO GmbH & KG
- Liechtenstein Energie GmbH & Co KG
- RiceTec
- Van Eck Publishers
- Palais Liechtenstein GmbH
- LGT Group
- Oerlikon Balzers (40% stake)
- Hilti (25% stake)
Museums
Here is a list of all Foundation museums, they are:[21]
- Liechtenstein Royal Museum
- Liechtenstein Museum
- Liechtenstein Museum of Fine Arts (Art exhibit only)
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Interview mit Seiner Durchlaucht Erbprinz Alois von Liechtenstein
- ↑ 4.0 4.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 6.0 6.1 6.2 [1] (companies)
- ↑ 7.0 7.1 Making royal progress
- ↑ Fuerstenhaus
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 10.0 10.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Encyclopædia Britannica
- ↑ LGT report, 2008, Page 30[dead link]
- ↑ Pearson (Board of Directors, Annual Report, 2005)
- ↑ Invision Board of Directors[dead link]
- ↑ Palais Liechtenstein GmbH
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.