Jump to content

Prince of Liechtenstein Foundation

From Catholicism Wiki
Coat of arms of Liechtenstein
Type Private
Industry Venture Capital,
Heritage conservation,
Political foundation
Founded 1970
Founder Prince Hans-Adam II
Headquarters Vaduz, Liechtenstein
Key people Prince Philipp Erasmus
(CEO and president)
Prince Hans-Adam II
(chairman of the board of trustees)
Services Investments,
Personal funds,
Heritage conservation,
Political funding,
Political endorsements
Revenue Confidential
Net income Confidential
AUM $6.25-7.6 billion (2011 est.)[1][2]
Owner Princely Family of Liechtenstein
Number of employees 30[3]
Website www.sfl.li

The Prince of Liechtenstein Foundation (German: Stiftung Fürst Liechtenstein) 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.[7]

In late 2009, rumors speculated that the foundation was attempting to purchase rights to Vaduz FC.[8] However, this has never been confirmed or denied, as of late 2012.[9] The Foundation also plays national heritage and political roles, opening up a Liechtenstein culture museum,[10] selling the political books that support the princely family,[11] and funding right-leaning politicians.[9]

Overview

The foundation is a Vaduz-based establishment, created in 1970, to manage assets of the Princely Portfolio.[12] 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.[13] Before becoming CEO, Prince Philipp was a well-known hedge fund investor, working at the head of many influential investment firms.[14] 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 companies

Here is a list of all foundation companies; they are:[18]

Museums

Here is a list of all Foundation museums, they are:[19]

References

  1. Back to citation Thomasson, Emma. "Insight: Liechtenstein prince faces vote over veto power". In.reuters.com. Archived from the original on 19 January 2016. Retrieved 20 June 2012.
  2. Back to citation "Top 10 richest politicians of the world". Luxurylaunches.com. 10 October 2011. Retrieved 20 June 2012.
  3. Back to citation "Interview mit Seiner Durchlaucht Erbprinz Alois von Liechtenstein" (PDF). Archived from the original (PDF) on 4 March 2016. Retrieved 20 December 2012.
  4. Back to citation "The Princely House of Liechtenstein". Fuerstenhaus.li. Archived from the original on 7 February 2012. Retrieved 20 June 2012.
  5. Back to citation "LGT Group - About us". Lgt.com. Archived from the original on 3 October 2011. Retrieved 20 June 2012.
  6. Back to citation "Other Companies". Archived from the original on 7 February 2012. Retrieved 13 February 2012.
  7. Back to citation "Other Companies". Archived from the original on 7 February 2012. Retrieved 13 February 2012; "Making royal progress". Archived from the original on 29 June 2006; "Fuerstenhaus". Archived from the original on 7 February 2012.
  8. Back to citation "Soccer Forum". BigSoccer. Retrieved 20 June 2012.
  9. Back to citation occurrence 9.0 Back to citation occurrence 9.1 "FHL News page". Fuerstenhaus.li. Archived from the original on 12 February 2012. Retrieved 20 June 2012.
  10. Back to citation "SFL". Sfl.at. Archived from the original on 2 August 2012. Retrieved 20 June 2012.
  11. Back to citation "The State in the Third Millennium". Fuerstenhaus.li. Archived from the original on 7 February 2012. Retrieved 20 June 2012.
  12. Back to citation "FHL contact form". Fuerstenhaus.li. Archived from the original on 9 November 2011. Retrieved 20 June 2012.
  13. Back to citation "Encyclopædia Britannica".
  14. Back to citation "Making royal progress". Archived from the original on 29 June 2006.
  15. Back to citation LGT report, 2008, Page 30 Archived 13 July 2011 at the Wayback Machine
  16. Back to citation Pearson Archived 3 January 2007 at the Wayback Machine (Board of Directors, Annual Report, 2005)
  17. Back to citation Invision Board of Directors Archived 30 September 2007 at the Wayback Machine
  18. Back to citation "Other Companies". Archived from the original on 7 February 2012. Retrieved 13 February 2012; "Palais Liechtenstein GmbH". Archived from the original on 9 May 2012; "LGT Group - About us". Lgt.com. Archived from the original on 10 February 2012. Retrieved 20 June 2012; "Links". Sfl.at. Archived from the original on 15 June 2011. Retrieved 20 June 2012.
  19. Back to citation "Liechtenstein. The Princely Collections". Liechtensteincollections.at. Retrieved 20 June 2012.
Retrieved from "https://catholicism.wiki/index.php?title=Prince_of_Liechtenstein_Foundation&oldid=119288"