News
Missing German billionaire who was declared dead, reportedly found in Russia
Six years after his mysterious disappearance in Switzerland, a German billionaire, Karl-Erivan Haub, has been reportedly found living with a Russian mistress in Moscow.
The then 58-year-old German-American retail tycoon was training for a ski mountaineering race when he disappeared in April 2018 in Zermatt, Switzerland.
DailyMail reports that the billionaire businessman was last seen heading up the mountain in a lift one morning alone – something his trainer said was strange for a man who was typically very safety conscious and well-prepared – and never returned to his hotel.
Authorities launched a six-day search which saw five helicopters and teams of alpine rescuers canvas the area, but his body was never found.
Haub – the former managing director and part owner of German supermarket and retail giant Tengelmann Group – was declared dead by a Cologne court three years later, leaving behind a wife, two children and a company of some 75,000 employees.
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