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Prince of Liechtenstein Foundation

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 confirmed 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 Prince of Liechtenstein Foundation
Private
Industry
Founded1970
FounderPrince Hans-Adam II
HeadquartersVaduz, Liechtenstein,
Key people
Prince Philipp Erasmus,
(CEO and president) Prince Hans-Adam II,
(chairman of the board of trustees)
Products
RevenueConfidential
Confidential
AUM$6.25-7.6 billion (2011 est.)[1][2]
OwnerPrincely Family of Liechtenstein
Number of employees
30[3]
Website[4]

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] 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 companiesEdit

MuseumsEdit

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

ReferencesEdit

  1. ^ Thomasson, Emma. "Insight: Liechtenstein prince faces vote over veto power | Reuters". In.reuters.com. Retrieved 20 June 2012.
  2. ^ "Top 10 richest politicians of the world". Luxurylaunches.com. 10 October 2011. Retrieved 20 June 2012.
  3. ^ "Interview mit Seiner Durchlaucht Erbprinz Alois von Liechtenstein" (PDF).
  4. ^ a b "The Princely House of Liechtenstein". Fuerstenhaus.li. Retrieved 20 June 2012.
  5. ^ "LGT Group - About us". Lgt.com. Retrieved 20 June 2012.
  6. ^ a b c "Archived copy". Archived from the original on 7 February 2012. Retrieved 13 February 2012. Cite uses deprecated parameter |deadurl= (help)CS1 maint: archived copy as title (link)
  7. ^ a b "Making royal progress". Archived from the original on 29 June 2006. Cite uses deprecated parameter |deadurl= (help)
  8. ^ "Fuerstenhaus". Archived from the original on 7 February 2012. Cite uses deprecated parameter |deadurl= (help)
  9. ^ "Soccer Forum". BigSoccer. Retrieved 20 June 2012.
  10. ^ a b "FHL News page". Fuerstenhaus.li. Retrieved 20 June 2012.
  11. ^ "SFL". Sfl.at. Retrieved 20 June 2012.
  12. ^ "The State in the Third Millennium". Fuerstenhaus.li. Retrieved 20 June 2012.
  13. ^ "FHL contact form". Fuerstenhaus.li. Retrieved 20 June 2012.
  14. ^ "Encyclopædia Britannica".
  15. ^ LGT report, 2008, Page 30 Archived 13 July 2011 at the Wayback Machine
  16. ^ Pearson Archived 3 January 2007 at the Wayback Machine (Board of Directors, Annual Report, 2005)
  17. ^ Invision Board of Directors Archived 30 September 2007 at the Wayback Machine
  18. ^ "Palais Liechtenstein GmbH". Archived from the original on 9 May 2012. Cite uses deprecated parameter |deadurl= (help)
  19. ^ "LGT Group - About us". Lgt.com. Retrieved 20 June 2012.
  20. ^ "Links". Sfl.at. Retrieved 20 June 2012.
  21. ^ "Liechtenstein. The Princely Collections". Liechtensteincollections.at. Retrieved 20 June 2012.