The passing of Baron Georg Heinrich "Heini" Thyssen-Bornemisza, a prominent figure in European aristocracy, has left a lasting impact on the Thyssen dynasty. Born on March 19, 1950, in Lugano, Switzerland, Heini was the first and only child of Baron Hans Heinrich Bornemisza de Kászon and Princess Teresa zur Lippe-Weissenfeld, who married in 1946 and divorced in 1954.
Throughout his life, Heini was deeply involved in the Thyssen-Bornemisza Group (TBG), holding various executive positions for thirty-five years. He chaired TBG AG and oversaw significant acquisitions, solidifying his position within the family's business empire. His dedication to the family's legacy was evident in his commitment to the Thyssen dynasty, making his passing a significant loss for the family and the foundation he chaired, the NOMIS Foundation[1].
who was baron georg heinrich thyssen-bornemisza
Baron Georg Heinrich "Heini" Thyssen-Bornemisza was a Swiss-born German aristocrat and businessman who passed away on September 30, 2022, at the age of 72. He was the chairman of the private venture capital firm TBG AG, which operates as the investment arm of the Thyssen-Bornemisza family. Heini was the eldest son of Hans Heinrich Thyssen-Bornemisza (1921-2002) from his first wife, Princess Teresa Amalia Franziska Elisabeth Maria of Lippe-Weissenfeld (1925-2008).what was tbg ag and what did it do
TBG AG was a private venture capital firm based in Zurich, Switzerland, operating as the investment arm of the Thyssen-Bornemisza family. The company's purpose was to buy and sell, hold, and maintain permanent investments in companies of all kinds in Switzerland and abroad, particularly industrial companies. TBG AG was part of a larger group and performed its activities within the scope of the Group's purpose. The company was involved in various financial activities, including making and using financing of any kind for its own or third-party accounts, as well as entering into hedging transactions for group companies. Additionally, TBG AG provided management services to group companies and held and managed all types of financial assets in its own name.what was the history of tbg ag
TBG AG, a private venture capital firm based in Zurich, Switzerland, is the investment arm of the Thyssen-Bornemisza family. The company's history is closely tied to the family's business and investment activities. TBG AG's primary purpose is to invest in and manage a diverse portfolio of companies, with a focus on industrial and other sectors. The company's activities include buying and selling, holding, and maintaining permanent investments in companies of all kinds in Switzerland and abroad. TBG AG is part of a larger group and operates within the scope of the group's purpose. TBG AG has been involved in significant acquisitions, including the purchase of DTN, a US-based weather and data analytics company, for approximately $900 million in 2017. This acquisition was part of the company's strategy to expand its portfolio and support the growth of its businesses. Additionally, TBG AG acquired MeteoGroup, a European weather firm, in 2018 for an undisclosed sum. The company's leadership has played a crucial role in shaping its investment strategy and direction. Georg Heinrich, Baron Thyssen-Bornemisza, was the chairman of TBG AG and was instrumental in the company's growth and acquisitions. Under his chairmanship, TBG AG has expanded its portfolio and strengthened its position as a significant player in the private venture capital sector. TBG AG's activities are guided by its corporate purpose, which includes making and using financing of any kind for its own or third-party accounts, as well as entering into hedging transactions for group companies. The company also provides management services to group companies and holds and manages all types of financial assets in its own name. TBG AG's ability to adapt and evolve its strategy has allowed it to maintain a strong presence in the investment landscape. |
| The baron's death notice in the Neue Zürcher Zeitung of 15 October 2022. |
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Georg Heinrich and his father Hans Heinrich in St. Moritz. Photo (c) Mike Forster/ANL/Shutterstock. |
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| Baron Hans Heinrich Bornemisza de Kászon and Princess Teresa zur Lippe-Weißenfeld. Photo (c) Getty Images. |
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The Thyssen dynasty. Hans Heinrich with his three sons (left to right) Alexander, Lorne, and Georg Heinrich, ca. 1986. Photo (c) Wolfgang Kühn / United Archives GmbH / Alamy Stock Photo. |
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Prince Eduard of Anhalt, Princess Teresa, Princess Corinne of Anhalt, and Baron Hans Heinrich Thyssen-Bornemisza, ca. 1987. Photo (c) Wolfgang Kuhn/United Archives via Getty Images. |
As we conclude our exploration of the life and legacy of Baron Georg Heinrich "Heini" Thyssen-Bornemisza, we are reminded of the profound impact he had on the Thyssen dynasty and the world of business. His dedication to the family's legacy and his commitment to the Thyssen-Bornemisza Group (TBG) have left a lasting imprint on the organization and its future endeavors. The Thyssen dynasty, with its rich history and tradition of excellence, continues to thrive under the guidance of Heini's successors, ensuring that his vision and values remain at the forefront of the family's endeavors.
As we bid farewell to this remarkable individual, we are left with a sense of gratitude for the contributions he made to the world of business and beyond. His commitment to the Thyssen-Bornemisza Group and its mission to foster growth and innovation has inspired countless individuals and will undoubtedly continue to do so in the years to come. As we reflect on the life of Baron Georg Heinrich "Heini" Thyssen-Bornemisza, we are reminded of the importance of perseverance, dedication, and a passion for excellence. These qualities, embodied by Heini throughout his life, serve as a testament to the enduring legacy of the Thyssen dynasty, a legacy that will continue to inspire and motivate generations to come.
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