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Albert von Thurn and Taxis: billionaire prince

Prince Albert of Thurn and Taxis
Photo: Getty images

1.5 billion dollars!

Once a billionaire, always a billionaire - that's how you would think. That's not true. Thurn und Taxis had "ups and downs". Right now, the thumb is pointing up again: Prince Albert von Thurn und Taxis (28), the youngest billionaire, is still represented in the Forbes list of the super-rich. With 1.5 billion dollars!

Although this sum is in the hit parade of the billionaires, although quite low down, but at least. The Princely House in Regensburg was getting worse.

Looking Back: When the legendary Prince John of Thurn and Taxis died in 1990 at the age of 64 after two unsuccessful heart transplants, he was considered one of the richest men on earth. Serious newspapers estimated that his fortune was between two and five billion marks.

Then the shock, when the widow Princess Gloria Kassensturz made and found that the business of her deceased husband had obviously gone worse than expected. Marode companies, unprofitable possessions, inheritance tax - all 'that went to the substance. Newspapers wrote that in mathematical terms scarcely 500 million marks slumbered in the princely casket.

But what nobody thought was possible entered. Prince Gloria of Thurn and Taxis (51), underestimated by many, saved the Empire by making smart decisions, controversial actions (auctions) and sometimes unpopular measures. Today, therefore, she and Albert von Thurn and Taxis can boast of playing up again, although according to Forbes other billionaires - as the Mexican Slim with 69 billion dollars - have a multiple on the account.

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