Imperial Valley Press

Missing German billionair­e’s family gives up hope of rescue

- BY GEIR MOULSON

BERLIN — The family of a German billionair­e has given up hope of finding him alive a week after he went missing in the Swiss Alps, his company said Friday.

Karl-Erivan Haub, the 58-yearold heir to the Tengelmann retail empire, was training for a ski mountainee­ring race when he disappeare­d under Switzerlan­d’s famous Matterhorn peak, located on the southern border with Italy.

He was last seen on Saturday morning as he headed up a mountain lift with skis and a daypack, and was reported missing to police the following morning after he failed to show up at his hotel in the Swiss resort of Zermatt.

Tengelmann said in a statement Friday on the family’s behalf that, after days “in the extreme climate conditions of a glacier area, there is no longer any probabilit­y that Karl-Erivan Haub survived.”

It said the search for Haub’s body will continue and the company will pay all costs for that.

“This accident is a terrible tragedy both for the Haub family and the whole family company, and one that is incomprehe­nsible for everybody,” Tengelmann spokeswoma­n Sieglinde Schuchardt said.

The search for Haub on both sides of the Swiss-Italian border involved three helicopter­s, ground patrols and avalanche rescue teams, with up to 60 people at its peak.

It was complicate­d by bad weather and the fact that it wasn’t clear exactly where Haub was going. Rescuers were combing a huge area under the Matterhorn and some suspected that he might have fallen into one of the region’s many glacial crevasses.

Haub — who was born in Tacoma, Washington — and his brother Christian have led Tengelmann since 2000. The family’s fortune is estimated at over 3 billion euros ($3.7 billion). Family patriarch Erivan Haub died in March at his home in Wyoming.

Tengelmann’s main businesses are the hardware store Obi and clothing retailer KiK. It also has large stakes in the Netto supermarke­t chain and online retailer Zalando.

On Wednesday, rescue o cials had said there was still a very slight hope for Haub if he had managed to keep himself warm in the cold Alpine conditions.

 ?? ROLAND WEIHRAUCH/DPA VIA AP ?? The Sept. 7, 2015, file photo, shows Karl-Erivan Haub, head of the Tengelmann group, during a press conference in Muelheim an der Ruhe, western Germany. Swiss rescuers said Friday, they’re resuming their search for a German billionair­e who has been...
ROLAND WEIHRAUCH/DPA VIA AP The Sept. 7, 2015, file photo, shows Karl-Erivan Haub, head of the Tengelmann group, during a press conference in Muelheim an der Ruhe, western Germany. Swiss rescuers said Friday, they’re resuming their search for a German billionair­e who has been...

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