Prince of Liechtenstein Foundation

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The Prince of Liechtenstein Foundation
Type Private
Industry
Founded 1970
Founder(s) 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
Net income Confidential
AUM $6.25-7.6 billion (2011 est.)[1][2]
Owner(s) Princely Family of Liechtenstein
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.[5][6] 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.[7] As of 2012, there were 15 companies and 2 museums owned by the Foundation.[7][8][9] In late 2009, rumors speculated that the Foundation was attempting to purchase rights to Vaduz FC.[10] However, this has never been confined or denied, as of late 2012.[11] The Foundation also plays national heritage and political roles, opening up a Liechtenstein culture museum,[12] selling the political books that support the royal family,[13] and funding right-leaning politicians.[14]

The Foundation is a Vaduz-based establishment, created in 1970, to manage assets of the Princely Portfolio.[15] 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.[16] Before becoming CEO, Prince Philipp was a well known hedge fund investor, working at the head of many influential investment firms.[8] However, Prince Hans-Adam II is still the main beneficiary of the Foundation at the present time.[17] The chairman of Pearson PLC, Glen Moreno, is on the Board of Trustees at the Foundation and also LGT Group.[18] 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.[19]

List of companies[edit]

Here is a list of all Foundation companies, they are:[7][20][21][22]

  • 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[edit]

Here is a list of all Foundation museums, they are:[23]

References[edit]

  1. ^ Thomasson, Emma. "Insight: Liechtenstein prince faces vote over veto power | Reuters". In.reuters.com. Retrieved 2012-06-20. 
  2. ^ "Top 10 richest politicians of the world". Luxurylaunches.com. 2011-10-10. Retrieved 2012-06-20. 
  3. ^ Interview mit Seiner Durchlaucht Erbprinz Alois von Liechtenstein
  4. ^ "The Princely House of Liechtenstein". Fuerstenhaus.li. Retrieved 2012-06-20. 
  5. ^ "LGT Group - About us". Lgt.com. Retrieved 2012-06-20. 
  6. ^ "The Princely House of Liechtenstein". Fuerstenhaus.li. Retrieved 2012-06-20. 
  7. ^ a b c [1] (companies)
  8. ^ a b Making royal progress
  9. ^ Fuerstenhaus
  10. ^ "Soccer Forum". BigSoccer. Retrieved 2012-06-20. 
  11. ^ "FHL News page". Fuerstenhaus.li. Retrieved 2012-06-20. 
  12. ^ "SFL". Sfl.at. Retrieved 2012-06-20. 
  13. ^ "The State in the Third Millennium". Fuerstenhaus.li. Retrieved 2012-06-20. 
  14. ^ "FHL News page". Fuerstenhaus.li. Retrieved 2012-06-20. 
  15. ^ "FHL contact form". Fuerstenhaus.li. Retrieved 2012-06-20. 
  16. ^ Encyclopædia Britannica
  17. ^ LGT report, 2008, Page 30[dead link]
  18. ^ Pearson (Board of Directors, Annual Report, 2005)
  19. ^ Invision Board of Directors[dead link]
  20. ^ Palais Liechtenstein GmbH
  21. ^ "LGT Group - About us". Lgt.com. Retrieved 2012-06-20. 
  22. ^ "Links". Sfl.at. Retrieved 2012-06-20. 
  23. ^ "Liechtenstein. The Princely Collections". Liechtensteincollections.at. Retrieved 2012-06-20.