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Swiss and Lufthansa need money – the German billionaire who hopes for Swiss government aid

Industrialist Heinz Hermann Thiele has acquired over 10 percent of the Lufthansa Group. If the Swiss Confederation helps, it also helps the 79-year-old multi-billionaire.

Dominik Feusi

Published on April 3, 2020 at 7:50 p.m.Updated 22 hours ago–

Heinz Hermann Thiele joined Lufthansa with 400 million euros. He would benefit from government aid to the group.

Photo: Bloomberg via Getty Images

If Switzerland supports the airline Swiss because of the corona virus, then it is indirectly helping a German multibillionaire. Heinz Hermann Thiele, estimated net worth 11 billion euros, has joined the German Lufthansa Group in the past few weeks.

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