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

China, Russia drive growth in billionaires

Moskovitz is also the youngest billionaire in the world at 26 and with a fortune of $2.7 billion, while the honor of being the oldest goes to Swiss tech billionaire Walter Haefner, who is 100 and wort...
Posted: March 10, 2011, 7:10 pm

‘Red wave’ turns south county crimson

Marsha Haefner, R-Oakville, Republican Michael O’Donnell defeated Democratic candidate Mike Walter 58 percent to 42 percent. Rep. David Gregory, R-Sunset Hills, was re-elected over Democratic ...
Posted: November 14, 2018, 9:26 am

The Billionaires RANKED BY NET WORTH

Owns a 10% stake in the Texas Rangers. Four children. WALTER HAEFNER, 79 Kuesnacht SWITZERLAND $1.2B 100% of Careal Holding; includes 100% of Amag, Switzerland's largest car importer, and 20.5% of Com...
Posted: January 1, 2001, 3:59 am
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