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FAMILY GIVES UP HOPE FOR MISSING BILLIONAIRE - Kisia Cove, Zermatt
Thursday April 12, 2018 - Email this article to a friend

58- year old Karl-Erivan Haub went missing in Zermatt last weekend but his family accept he is dead. PlanetSKI reports from the resort. UPDATED

 

 

The family has released a statement saying it assumes he is dead.

"After more than seven days in the extreme weather conditions of a glacier region, there is no longer any hope of survival for Karl-Erivan Haub," said the group in a statement issued on behalf of the magnate's family.

"This misfortune is a terrible and unbelievable tragedy for the Haub family as well as for the whole company," said Tengelmann group spokeswoman Sieglinde Schuchardt.

The German was last seen on Saturday as he went training on the Kleine Matterhorn area in Switzerland close to the Italian border. 

He was set to race in the famous Patrouille des Glaciers race later this month that goes from Zermatt to Verbier and was out training for the race.

He is a highly experienced skier and mountaineer.

The likelihood of finding him alive is now virtually zero according to people we have spoken to in Zermatt.

He was equippped for a day out, but no longer.

He and his brother Christian have led the company, Tengelmann, since 2000.

The family's fortune is estimated at over €3 billion and he is one of the richest men in Germany.

The company's main businesses are the hardware store Obi and clothing retailer KiK.

It also has stakes in the Netto supermarket chain and online retailer Zalando.

When Haub failed to return home on Saturday a search operation was launched.

It is not unknown for people to train on their own.

There has been some surprise that he was skiing by himself, but that in itself is not an error.

Rather the route he took and the decisions he made. 

It is understood he left the marked ski area and went out on to the glaciers at the top of the Kleine Matterhorn ski area.

The search area is 240 square kilometres (92.7 square miles).

This week in Zermatt there are many teams out practicing for the overnight ski touring race set between the two Swiss resorts.

Ski tourers out in Zermatt this weekSki tourers out in Zermatt this week

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ski tourers out in Zermatt this weekSki tourers out in Zermatt this week

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ski tourers out in Zermatt this weekSki tourers out in Zermatt this week

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The initial search involved three helicopters, ground patrols and avalanche rescue teams.

60 people were involved and cost was not an issue.

The search though was hampered by bad weather.

Given the amount of time that has now passed it is now a search for his body.

See here for the main PlanetSKI news page with all the latest stories from the mountains.

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