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Prince of Liechtenstein Foundation

Lichtenstein royal family owned foundation


Lichtenstein royal family owned foundation

FieldValue
namePrince of Liechtenstein Foundation
logo[[File:Staatswappen-Liechtensteins.svg100pxCoat of arms of Liechtenstein]]
typePrivate
foundation1970
founderPrince Hans-Adam II
locationVaduz, Liechtenstein
key_peoplePrince Philipp Erasmus
(CEO and president)
Prince Hans-Adam II
(chairman of the board of trustees)
num_employees30
ownerPrincely Family of Liechtenstein
industry
services
revenueConfidential
net_incomeConfidential
aum$6.25-7.6 billion (2011 est.)
homepage

(CEO and president) Prince Hans-Adam II (chairman of the board of trustees) The Prince of Liechtenstein Foundation () is a portfolio of private companies, museums, and art collections owned by the Princely Family of Liechtenstein. 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. As of 2012, there were 15 companies and 2 museums owned by the Foundation.

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

Overview

The foundation is a Vaduz-based establishment, created in 1970, to manage assets of the Princely Portfolio. 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. Before becoming CEO, Prince Philipp was a well-known hedge fund investor, working at the head of many influential investment firms. However, Prince Hans-Adam II is still the main beneficiary of the foundation at the present time.

The chairman of Pearson PLC, Glen Moreno, is on the board of trustees at the foundation and also LGT Group. 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.

List of companies

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

  • Forestry Kalwang
  • Hofkellerei Vaduz
  • Hofkellerei Wilfersdorf
  • LGT Group
  • Liechtenstein Energie GmbH & Co KG
  • LIECO GmbH & KG
  • Palais Liechtenstein GmbH
  • Real Estate Administration Vienna
  • RiceTec
  • Van Eck Publishers
  • Wilfersdorf Agricultural and Forest Company

Museums

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

  • Liechtenstein Royal Museum
  • Liechtenstein Museum
  • Liechtenstein Museum of Fine Arts (Art exhibit only)

References

References

  1. "Interview mit Seiner Durchlaucht Erbprinz Alois von Liechtenstein".
  2. Thomasson, Emma. "Insight: Liechtenstein prince faces vote over veto power". In.reuters.com.
  3. (2011-10-10). "Top 10 richest politicians of the world". Luxurylaunches.com.
  4. "The Princely House of Liechtenstein". Fuerstenhaus.li.
  5. "LGT Group - About us". Lgt.com.
  6. "Other Companies".
  7. "Making royal progress".
  8. "Fuerstenhaus".
  9. (May 2020). "Soccer Forum". BigSoccer.
  10. "FHL News page". Fuerstenhaus.li.
  11. "SFL". Sfl.at.
  12. "The State in the Third Millennium". Fuerstenhaus.li.
  13. "FHL contact form". Fuerstenhaus.li.
  14. (December 2024). "Encyclopædia Britannica}}{{Dead link".
  15. [http://www.lgt.com/export/sites/inta_lgtcom/de/wir_ueber_uns/lgt_portrait/publikationen/liechtenstein/geschaeftsberichte/Geschaeftsbericht_2008_Group_en.pdf LGT report, 2008, Page 30] {{webarchive. link. (13 July 2011)
  16. [http://www.pearson.com/investor/ar2005/board/index.html Pearson] {{webarchive. link. (3 January 2007 (Board of Directors, Annual Report, 2005))
  17. [http://www.invision.ch/en/index.php?/en/team/invision_board_of_directors.php Invision Board of Directors] {{webarchive. link. (30 September 2007)
  18. "Palais Liechtenstein GmbH".
  19. "LGT Group - About us". Lgt.com.
  20. "Links". Sfl.at.
  21. "Liechtenstein. The Princely Collections". Liechtensteincollections.at.
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