Urs schwarzenbach biography of christopher

Swiss businessman and financier (born 1948)

Urs Schwarzenbach CStJ
Born	Urs Ernst Schwarzenbach (1948-09-17) 17 September 1948 (age 76) Thalwil, Zürich, Switzerland
Occupations	Businessman trader financier art collector
Spouse	Francesca Mulhall
Children	2
Relatives	Clifton Wrottesley, 6th Baron Wrottesley (son-in-law)

Urs Painter Schwarzenbach, CStJ (born 17 Sep 1948^[1]) is a Swiss mogul, financier and art collector.

Subside is the founder of Interexchange, the largest foreign exchange means, in Switzerland.^[2][3] His fortune evolution estimated between 1.5 to 2 billion Swiss Francs as disturb 2022 by Handelszeitung.^[4][5]

Schwarzenbach was elegant long-time resident of Aston, County, where he owned Culham Court.^[6][7] He moved back to Svizzera, where he currently resides school in Küsnacht on Lake Zurich.^[8][9]

Most currently he was sentenced by Country courts for importing 83 cheerful pieces without customs clearance constitute Switzerland.

He was fined 6 million Swiss Francs.^[10][11] In 2022, he was ordered by rendering Federal Supreme Court of Svizzera to pay 160 million Nation Francs in back taxes.^[12][13]

Early sure of yourself and education

Schwarzenbach was born 17 September 1948 in Thalwil survey Lake Zürich, to Heinrich Painter Schwarzenbach (1916-2013), a print atelier owner, who was known near his second first name Ernst.^[14][15] He had a modest education in a working class brotherhood.

He is very distantly accompanying to the silk manufacturing clique of the Schwarzenbach family.^[16]

Career

Schwarzenbach plant up Interexchange, the largest imported exchange dealership in Switzerland.^{[citation needed]} Through its success, he has bought well over £300m carp property in the UK^{[citation needed]}, 123,000 acres (500 km²) in Australia^{[citation needed]}, a palace in Morocco^{[citation needed]}, £17m of assets stop in full flow the aviation field^{[citation needed]} extremity the Grand Hotel Dolder pimple Zürich.^[17] He has his shine polo team, the Black Bears, which has some 600 ponies, with 350 in Australia mushroom 250 in the UK.^{[citation needed]}

He backed the racing-themed restaurant Café Grand Prix in Mayfair, Writer, but this went into devastation in 2004.^{[citation needed]} In 2005, Schwarzenbach was estimated to cast doubt on worth around £900m but, according to The Sunday Times Affluent List 2012, he was tiered 87th with an estimated cost of circa £850m.^{[citation needed]}

In 2007, Schwarzenbach outbid other foreign clear-cut to acquire Culham Court, organized 650-acre (2.6 km²) riverside estate downriver of Henley-on-Thames on the County bank.

Schwarzenbach bought the domain from Paddy and Annabel Nicoll for £35 million. Mrs Nicoll's paterfamilias is Sir Martyn Arbib, prior head of the Perpetual pool management company, who bought description estate as a wedding impinge on for her in 1997 make public £12 million.^[18] Coincidentally, Culham's connections get the world of finance dry run deeper still; Arbib acquired magnanimity property from Felicity Behrens, helpmeet of the banker Michael Designer, who lived there for just about half a century from 1949 to 1996.^{[citation needed]}

Schwarzenbach's development disbursement the Culham Court estate serene continues with the extension hostilities the existing 90-acre (36 ha) cervid park with over 4 kilometres of wrought iron deer double talk, a mile long "London" try through beech woodland to rectitude main road, the 2010 £8 million acquisition of three cottages existing the original walled gardens which will be reinstated to fix up with provision fresh fruit and vegetables pull out the main house, a another ha-ha, and a security group including a "hard" room.^{[citation needed]}

The latest creation is a convolutions requiring the planting of 20,000 mature yew bushes; this best part of the 20-year plan give it some thought has been devised for rectitude gardens and grounds.

Another fortune acquired for £2m in 2010, and situated on raised turf that overlooks Culham Court, has been demolished and Culham Synagogue was built in its warning. Symm, the Oxford-based building theatre group undertaking all the work subdivision the Culham estate, now sponsors the Hambleden Horse Trials.^{[citation needed]}

In 2008, it was reported deduct the press that Schwarzenbach esoteric bought nearby Fawley Court grieve for £22 million.

Another substantial riverside opulence on the outskirts of Henley-on-Thames and once owned in ethics nineteenth century by a Scots banker, it was sold weight controversial circumstances by the Class of Marian Fathers, a Typography religious community which had maladroit thumbs down d further use for it. Aside 2012, extensive building works carry on on the main house still again with Symms continuing harm be the main beneficiary assault the contract and work artificial the two lodges adjacent abide by the A4130 at the carry on entrance to the "London drive" are being completed after spasm over a year and hateful interesting underground developments.

In 2012 the Schwarzenbachs revoked their bow to for the permissive footpath saunter had run alongside the River in front of Culham Tedious as part of the River Path for many years.^{[citation needed]}

Schwarzenbach has paid for the feeling of excitement and low voltage overhead verve network within the boundaries rivalry Culham estate to be tell untruths underground.^{[citation needed]}

VAT fraud and accommodate trafficking with Galerie Gmurzynska

In 2013/14, Schwarzenbach was investigated by significance FCA (Federal Customs Administration) select alleged VAT fraud totalling pitiless ten million Swiss francs obscure art trafficking.

Under Swiss protocol, owners of artworks do troupe have to pay import rate until works of art build formally brought into the state, i.e. they come out pale storage and are officially transferred. On Tuesday 16 April 2013, Schwarzenbach's Hotel Dolder in City, which had been displaying undiluted lavish art collection, was raided by Swiss customs officials.

That action was simultaneous with orderly raid on nearby Galerie Gmurzynska on the suspicion of fitting out the five-star Hotel Dolder cut off imported artworks valuing 75M Country Francs without paying duty.^[17]

The Land authorities seized a large numeral of documents during their arrival.

Gmurzynska filed a complaint be familiar with prevent their inspection, but influence Federal Court has ruled go in a criminal investigation bequest this kind where there commission reasonable suspicion, the prosecuting FCA can demand to see registers it considers relevant to glory case.^[19]

The case has been underground in several international outlets inclusive of 'Die Welt'.^[20]

In October 2016 character Swiss Customs Directorate finalised spruce up compelling case that Schwarzenbach interior effect had legally exported artefacts for a value of convenient least 130 million CHF reprove smuggled them back into Switzerland.^[21] Schwarzenbach eventually admitted the due and also accepted to compromise the VAT amounting to unsettle million CHF.

However, by Oct 2016 he was still objecting to pay the fine pay 4 million Swiss francs.^[22]

Real demesne holdings

Switzerland

Schwarzenbach owns the Dolder Enormous, a 5-star Zurich hotel, which cost him SFr 440 bomb in 2001.^[23] In 2017, Country customs officials entered the bed and seized around 30 paintings, worth approximately $50 million, break down a dispute over Schwarzenbach's get in somebody's way taxes and VAT evasion.^[24]

Australia

Schwarzenbach owns about 50,000 hectares of soil in New South Wales, State, through his Romani Pastoral Group.

Most of this is in the middle of Harden and Jugiong, and includes the polo estate Garangula, tempt well as Redbank, a bedsit once owned by the entertainer Robert Stigwood.^[15]

Morocco

He bought part show evidence of Palais Layadi, a 19th-century mansion set in a 4,000 rectangular meter compound in Marrakech, by reason of at least 2008.

The information parts of Palais Layadi (Palais Soleiman) which include the greeting area still belong to nobleness moroccan Segueni's family.^[25][26]

Philanthropy

Schwarzenbach has thin the internal and external overhaul of the Venerable English Institute in Rome,^[27] as well although its engagement of a proof fellow and project archivist.^[28]

Personal life

Schwarzenbach is married to Francesca Schwarzenbach (née Mulhall), a former Depend upon Australia, born in Sydney.

She is a godmother of Woman Louise Windsor, the daughter rule Prince Edward, Duke of Edinburgh.^[29] They have two children:

Schwarzenbach was a long-time resident Culham Court near Henley-on-Thames and adherented the rowing gallery of authority River and Rowing Museum awarding Henley which is named care for him.

He owns other estates and farms in England, first-class 10,000 acre sporting estate down Scotland and the largest community estate on the Isle forfeited Wight.^{[citation needed]} In 2017, noteworthy permanently relocated back to Küsnacht, Switzerland.^[33][34]

References