Belgian billionaire Albert Frere has died at age 92
BRUSSELS (AP) - Albert Frere, the industrialist who became one of Belgium's richest people during more than a half-century of deal-making, has died at age 92, according to his GBL group.
Starting out in the scrap metal sector, his relentless business drive turned him into one of Europe's most important businessmen until he retired three years ago.
The company said in a statement Monday that "under his leadership, GBL became one of the largest holdings in Europe."
Belgian media said he was the nation's fourth-richest people with an estimated fortune of over 6 billion euros ($7 billion).
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Mortgage and rent assistance available for people affected by the pandemic
McAllen holds ribbon-cutting ceremony for new trail at Morris Park
Brush pile left over from Hurricane Hanna leaves Monte Alto residents concerned
Deadline for ballot by mail application is Oct. 23
The McAllen Holiday Parade goes virtual