What was August von Finck Jr.'s net worth?
August von Finck Jr. was a German businessman who had a net worth of $8.3 billion at the time of his death in November 2021. August von Finck Jr. was a grandson of banker Wilhelm von Finck. Wilhelm von Finck was the founder of private bank Merck, Finck & Co. and insurance giant Allianz. August von Finck Jr. inherited and became in charge of the both entities. He was the head of the bank and the insurance company until 1990, when he sold them both to Barclays Bank.
From that point on he managed an investment portfolio that included real estate companies, restaurants, hotels, an Austrian chemical manufacturer, an insurance group, breweries and a champagne maker. He managed it all from his tax-free castle in Switzerland. At one point he was ranked as the 138th richest man in the world and the 10th richest person in Germany.
August von Finck Jr. died on November 28, 2021 at the age of 91. He was survived by wife Francine von Finck and four children.
(Photo by Ursula Düren/picture alliance via Getty Images)
