Walter Haefner

About Walter Haefner

Birth Day: September 13, 1910
Birth Place: Switzerland
Died On: 19 June 2012(2012-06-19) (aged 101)
Birth Sign: Libra
Occupation: Businessman: automobiles/computers Racehorse breeder
Children: Eva Maria Bucher-Haefner Martin Haefner

Walter Haefner Net Worth

Walter Haefner was bornon September 13, 1910 in Switzerland. Walter Haefner passed away in June 2012. At the time, he was the oldest billionaire in the world, at 101 years old. Haefner was the largest individual shareholder of IT software maker CA (formerly Computer Associates). He sold the data processing firm in 1968 to University Computing which was bought by Computer Associates in 1987. Haefner still holds a 24% stake in his own name, and has benefitted from a rising stock price, as well as handsome dividend payouts. The family owns Automobil-und Motoren AG, Switzerland's main importer of Volkswagen, Seat, Skoda and Audi. In 2011, Haefner transferred ownership of his Moyglare Stud Farm in Ireland to his daughter.
Walter Haefner is a member of Technology

💰 Net worth: $4.3 Billion

2010 $3.3 Billion
2011 $4 Billion
2012 $4.3 Billion
2018 $4.3 Billion

Some Walter Haefner images

Biography/Timeline

1957

As a young man 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 US and, after merging his company with Russell Artzt's and Charles Wang's publicly owned software company, Computer Associates International, Inc., in 1987, Haefner was CA's largest individual shareholder until his death. He continued to own AMAG Automobil- und Motoren, a highly successful Swiss automobile dealership chain. Until his death, at age 101, he was the oldest person worth more than a billion dollars.

1962

In 1962 Haefner purchased the 440-acre (1.8 km) Moyglare Stud Farm near the town of Maynooth, County Kildare, 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.

1975

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 Haefner an honorary doctorate for his services to the Irish bloodstock industry and for his contributions to education in Ireland.

1991

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 Moyglare's colt Additional Risk won the Hong Kong Invitational Bowl at Sha Tin Racecourse.