Word: halbach
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Dates: during 1960-1969
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When financial woes forced the family-owned Krupp empire to become a public corporation, lawyers drew up a unique contract in which the late Alfried Krupp's son and sole heir, Arndt von Bohlen und Halbach, renounced his rights to a $500 million inheritance. In return, Arndt, for the rest of his life, would receive 2½% of the sales from Krupp's Rossenray coal mine, one of the richest in the Common Market. This year that stipend will amount...
Married. Arndt von Bohlen und Halbach, 31, scion of the Krupp steel corporation who receives an allowance o $500,000 a year as a quitclaim on the empire founded by his great-great-grandfather; and Princess Henriette von Auersperg, 35, elegant blonde daughter of one of Austria's oldest (13th century) houses; both for the first time; in a civil ceremony in Blühnbach castle former retreat of Austrian Archduke Franz Ferdinand, whose assassination triggered World...
Died. Alfried Krupp von Bohlen und Halbach, 59, scion of Germany's Krupp empire (see WORLD BUSINESS...
...entrance hall of Villa Hiigel, the 200-room stone and steel mansion where Alfried Felix Alwyn Krupp von Bohlen und Halbach was born, 500 business, political and labor leaders gathered late last week for the funeral of the last sole ruler of the Ruhr's most powerful industrial dynasty. After the eulogies, a Krupp band struck up a miners' song called Glueck Auf (Good Fortune) and led the way out through a crowd to a hearse waiting in the rain. Behind followed ten Krupp miners bearing the oaken casket. Visibly in tears was Krupp's longtime confidant...
...Alfried Felix Alwyn Krupp von Bohlen und Halbach, 58, fifth-generation ruler of the Krupp empire, last week's dilution of ownership, no matter how tiny, could only signify changing times in a life that has seen many changes. When Krupp succeeded to his family's industrial throne in 1943, the word Krupp was synonymous with armaments. The Krupp plants produced the weapons that helped Hitler ravage Europe; by the end of World War II most of the Krupp factories lay in ruins, pounded into rubble by Allied bombers, and Alfried Krupp himself was sentenced to twelve years...