Disappearance of German Billionaire in Swiss Alps


(MENAFN) Rescue crews are seeking one of the richest men in Gemany,who has disappeared amid skiing in the Swiss Alps.

Karl-Erivan Haub, the Tengelmann supermarket chain successor, hasn't come back from an off-piste skiing trip close to the Matterhorn.

A Tengelmann spokeswoman declared that a "full-speed" search was ongoing for Mr Haub.

The billionaire, aged 58, has been taking control over business for 18 years.

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