Tuesday, February 5, 2008

Albert Frere



Age: 80
Fortune: self made
Source: Investments

Net Worth: 3.0 billion

Country Of Citizenship: Belgium
Residence: Charleroi, Belgium, Europe & Russia
Industry: Investments
Marital Status: married, 3 children

High School, Drop Out

Built family's scrap metal business into a cascade of assets in media, utilities and oil. Investments include a 25% stake in German media behemoth Bertelsmann, which will likely go public in May. Should push Frere's worth into the stratosphere. Known as a workaholic who claims he'll never retire, Baron Frere is a connoisseur of fine wine and co-owner, with French billionaire Bernard Arnault, of the Chbteau Cheval Blanc vineyard.

No comments: