Prince of Liechtenstein Foundation

The Prince of Liechtenstein Foundation
Private
Industry
Founded 1970
Founder Prince Hans-Adam II
Headquarters Vaduz, Liechtenstein, 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]

Museums

Here is a list of all Foundation museums, they are:[21]

References

  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. 1 2 "The Princely House of Liechtenstein". Fuerstenhaus.li. Retrieved 2012-06-20.
  5. ↑ "LGT Group - About us". Lgt.com. Retrieved 2012-06-20.
  6. 1 2 3 http://www.fuerstenhaus.li/en/unternehmen/
  7. 1 2 Making royal progress
  8. ↑ Fuerstenhaus
  9. ↑ "Soccer Forum". BigSoccer. Retrieved 2012-06-20.
  10. 1 2 "FHL News page". Fuerstenhaus.li. Retrieved 2012-06-20.
  11. ↑ "SFL". Sfl.at. Retrieved 2012-06-20.
  12. ↑ "The State in the Third Millennium". Fuerstenhaus.li. Retrieved 2012-06-20.
  13. ↑ "FHL contact form". Fuerstenhaus.li. Retrieved 2012-06-20.
  14. ↑ Encyclopædia Britannica
  15. ↑ LGT report, 2008, Page 30 Archived 13 July 2011 at the Wayback Machine.
  16. ↑ Pearson (Board of Directors, Annual Report, 2005)
  17. ↑ Invision Board of Directors Archived 30 September 2007 at the Wayback Machine.
  18. ↑ Palais Liechtenstein GmbH
  19. ↑ "LGT Group - About us". Lgt.com. Retrieved 2012-06-20.
  20. ↑ "Links". Sfl.at. Retrieved 2012-06-20.
  21. ↑ "Liechtenstein. The Princely Collections". Liechtensteincollections.at. Retrieved 2012-06-20.
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