A German court has officially declared billionaire Karl-Erivan Haub dead. It has been more than three years since the head of retail group Tengelmann went missing in the Swiss Alps.
Haub was 58 years old. He was training for a ski race when he disappeared under Switzerland’s famous Matterhorn peak, located on the southern border with Italy.
He was last seen on the morning of April 7, 2018 heading up a mountain lift with skis and a daypack. He was reported missing to police the next morning after he failed to show up at his hotel in the Swiss resort of Zermatt.
Haub’s family lost hope of finding him alive after a week. The search for him was officially called off in October 2018.
The district court in Cologne, where Haub lived, said it has now officially declared him dead. The court decalred the time of death as midnight on April 7, 2018. Haub was born on March 2, 1960 in Tacoma, Washington. He was a German-US dual citizen.
Haub’s brothers, company, and wife applied to have him officially declared dead. The court said it was satisfied with the evidence.
His younger brother, Christian Haub, was named as CEO of Tengelmann after the disappearance. The two brothers had run Tengelmann together since 2000.