Suvarna Garge (Editor)

Prince of Liechtenstein Foundation

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Revenue
  
Confidential

Headquarters
  
Vaduz, Liechtenstein

Founded
  
1970

Type of business
  
Private

Net income
  
Confidential

Owner
  
House of Liechtenstein

Number of employees
  
30

Industry
  
Venture Capital, Heritage conservation, Political foundation

Key people
  
Prince Philipp Erasmus, (CEO and President) Prince Hans-Adam II, (Chairman of the Board of Trustees)

Products
  
Investments, Personal funds, Heritage conservation, Political funding, Political endorsements

AUM
  
$6.25-7.6 billion (2011 est.)

Founder
  
Hans-Adam II, Prince of Liechtenstein

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 confined 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 royal family, and funding right-leaning politicians.

Contents

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. Dr. Cuno PĆ¼mpin, 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:

  • Real Estate Administration Vienna
  • Wilfersdorf Agricultural and Forest Company
  • Forestry Kalwang
  • Hofkellerei Wilfersdorf
  • Hofkellerei Vaduz
  • LIECO GmbH & KG
  • Liechtenstein Energie GmbH & Co KG
  • RiceTec
  • Van Eck Publishers
  • Palais Liechtenstein GmbH
  • LGT Group
  • Oerlikon Balzers (40% stake)
  • Hilti (25% stake)
  • 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

    Prince of Liechtenstein Foundation Wikipedia