World’s Oldest Billionaire Dies At 101 Years
The oldest man to ever make Forbes’ list of Billionaires, Walter Haefner has died at the age of 101 years. According to the SBC, Haefner, who was the oldest Billionaire in the world and the only centenarian on the 2012 Forbes’ World Billionaires list died last week, but was only announced yesterday.
With a net worth of $4.3 billion in March, making him the 248th richest person in the world before his death, Haefner was the largest individual shareholder of IT software maker CA (formerly Computer Associates). He sold the data processing firm back in 1968 to University Computing, which was eventually bought by Computer Associates. Haefner had branched out since then, though. His family owns Automobil-und Motoren AG, Switzerland’s main importer of Volkswagen, Seat, Skoda and Audi.
With Haefner’s passing, David Rockefeller Sr. becomes the (new) oldest billionaire in the world. Rockefeller, grandson of the visionary oil baron John D. Rockefeller, is 96. He is working to give away his fortune to beneficiaries such as New York’s Museum of Modern Art, Harvard University, and the Council on Foreign Relations. An insect enthusiast, David owns one of the largest beetle collections in the world, as well as a vast personal collection of contemporary and modern art.