Heinz Hermann Thiele, the German billionaire industrialist who as of February 2021 owned 12.42% of Lufthansa (LH, Frankfurt Int’l), has died at the age of 79.

Knorr-Bremse AG, the brake-system manufacturer through which he made much of his fortune and where he was deputy chairman and majority shareholder, released a statement that Thiele had passed away on February 23 surrounded by his family in Munich but did not provide a cause of death.

Forbes placed Heinz Hermann Thiele and family at number 91 in its…

Source: ch aviation
Read more: Key Lufthansa shareholder Heinz Hermann Thiele dies aged 79