Walter Haefner Net Worth is$2.7 Billion
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Date of Birth: Sep 13, 1910
Walter Haefner was born in Switzerland and has an estimated net worth of $3.3 billion dollars. A businessman and racehorse breeder, Walter Haefner made his fortune in the car business by implementing the use of computers in his dealership business in the late 50's. He started his own computer services company in Switzerland in the late 60's and then purchased shares in another company in the US in the late 70's. He is the owner of the Swiss automobile chain AMAG Automobil- und Motoren and the oldest living billionaire at age 100.
Walter Haefner (born 13 September 1910) is a businessman and a Thoroughbred racehorse owner and breeder in Ireland. He was born in Switzerland.
As a young man, Walter Haefner went to work in the auto industry as an employee of the Swiss division of General Motors Corporation. He eventually moved to England where he acquired an automobile franchise before returning home to open a Volkswagen dealership. Recognizing the important role a computer could play in his growing chain of dealerships, in 1957 Haefner became one of the first in Switzerland to import an IBM system for business use. This led to his 1964 creation of Automation Center A.G., a computer services company in Zurich. In 1976 he expanded operations to the United States and after merging his company with Russell Artzt's and Charles Wang's Computer Associates in 1987, Haefner is today the company's largest individual shareholder. He owns AMAG Automobil- und Motoren, a highly successful Swiss automobile dealership chain. As of 2011, at age 101, he is the oldest person worth more than a billion dollars.
In 1962 Walter Haefner purchased the 440-acre (1.8 km2) Moyglare Stud Farm near the town of Maynooth, County Kildare, in Ireland. His Thoroughbred racehorses have won numerous Group One and British Classic Races in England, Ireland, and France as well as important races at other venues in Europe, North America, Japan, Australia, and Hong Kong.
In the United States, Moyglare's racing stable was handled by trainer Christophe Clement while Dermot K. Weld is the trainer in charge of its European operations. In 1991, Weld became the first European-based trainer to win a race in Hong Kong when Molyglare's colt Additional Risk won the Hong Kong Invitational Bowl at Sha Tin Racecourse.
In 1975, the Curragh Racecourse honored Moyglare's contribution to Irish racing by naming a Group I race the Moyglare Stud Stakes. In 1988, Trinity College, Dublin awarded Walter Haefner an Honorary Doctorate for his service

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Walter Haefner Latest News

Careal Holding AG adjusts stake in CA Technologies as part of its portfolio strategy

is wholly owned by the families of Martin Haefner and Eva Maria Bucher-Haefner, the descendants of the company's founder Walter Haefner. The company owns Amag Automobil- und Motoren AG, the leading firm in the Swiss automotive industry, and holds ...
Posted: November 18, 2015, 3:05 am

Computer Associates Heirs Join Billionaire Ranks

The son and daughter of Walter Haefner, who died in June at 101, the oldest billionaire at the time, have inherited their father’s stake in Computer Associates in addition to other holdings and join Forbes billionaire ranks with a net worth of nearly $2 ...
Posted: January 16, 2013, 11:04 am

Moyglare Stud owner Haefner dies at 101

Walter Haefner, the billionaire software and automobile executive who owned Ireland’s powerful Moyglare Stud, has died in Switzerland at age 101. Swiss news reports, citing a release from Haefner’s family, said the entrepreneur died in his sleep last week.
Posted: June 26, 2012, 7:28 am
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