Sergio Mantegazza (born 1927) is a Swiss businessman, chairman and owner of Globus, the multinational travel company.
Early life
Sergio Mantegazza was born in 1927. He was educated at Gademann Business School and Istituto Elvetico.
Career
Mantegazza expanded the travel business started by his father Antonio in 1928, initially with a single gondola on Lake Lugano. He also owns substantial residential and commercial real estate in Lugano, in Switzerland.
In October 2014, it was reported that he had sold Monarch Airlines to Greybull Capital., ridding him of the £660 million pension shortfall that his company had amassed, and causing heartache as employees had their pension income slashed.
Personal life
He is married with three children (two living) and lives in Lugano.
His son, Paolo, after working for Bankers Trust and Credit Suisse, took charge of Globus’ US business. He committed suicide in 2004, aged 34. His other son, Fabio Mantegazza, was chief executive of Monarch Airlines.
Swiss businessman Sergio Mantegazza is the President of Group Voyagers, Inc. and he has an estimated net worth of $2.9 billion as of April 2016 according to Forbes. According to Forbes, he is the fifth richest person in Switzerland and is ranked 459th in the World Billionaires list.
Mr. Mantegazza has accumulated his estimated net worth of $3 billion when he joined the international group of escorted tour, river cruise, and independent travel package companies that is marketed globally as Globus or Globus Travel in the United States.
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