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Sergio Mantegazza

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Sergio Mantegazza
Born1927
Switzerland
NationalitySwiss
EducationGademann Business School and Istituto Elvetico
Occupation(s)Chairman and owner, Globus
ChildrenPaolo Mantegazza (died 2004)
Fabio Mantegazza
Maria Dolores Mantegazza
ParentAntonio Mantegazza

Sergio Mantegazza (born 1927) is a Swiss businessman, chairman and owner of Globus, the multinational travel company.

Early life

Sergio Mantegazza was born in 1927. He was educated at Gademann Business School and Istituto Elvetico.[1]

Career

Mantegazza expanded the travel business started by his father Antonio in 1928, initially with a single gondola on Lake Lugano. He also owns substantial residential and commercial real estate in Lugano.[1]

In October 2014, it was reported that he had sold Monarch Airlines to Greybull Capital.,[2] ridding him of the £660 miilion pension shortfall that his company had amassed, and causing heartache as employees had their pension income slashed.[3]

Personal life

He is married with three children (two living) and lives in Lugano.[1]

His son, Paolo, after working for Bankers Trust and Credit Suisse, took charge of Globus' US business. He committed suicide in 2004, aged 34. His other son, Fabio Mantegazza, was chief executive of Monarch Airlines.[4]

References

  1. ^ a b c d "Sergio Mantegazza". Forbes. Retrieved 17 January 2015.
  2. ^ Armstrong, Ashley (24 October 2014). "Monarch Airlines rescued as Mantegazzas take flight". The Daily Telegraph. Retrieved 17 January 2015.
  3. ^ https://www.theguardian.com/money/2015/jan/10/monarch-pilots-pensions-slashed
  4. ^ Allison, Ian (25 September 2014). "Monarch Restructuring: The Secretive Billionaire Mantegazza Family Behind the Airline". IB Times. Retrieved 17 January 2015.