Gland, Vaud and Gstaad, Bern, Switzerland (20 Minutes/ats, Fre) – Ernesto Bertarelli, listed by Fortune and Forbes magazines as Switzerland’s wealthiest person, is moving his main residence and his family to Gstaad from the Lake Geneva region. His sister and mother, who have also been based in Vaud, will do the same. The family’s departure, which follows the sale of their company, Serono, at the end of the 2006, has involved high-level negotiations with tax authorities. The family’s lawyer told ATS that cantons Bern and Vaud will share the tax settlement. The family is widely estimated to have earned CHF10 billion from the sale of Serono.

Bertarelli is currently most often in the news for his sailing activities linked to the America’s Cup winner Alinghi.

Posted by Ellen Wallace on 1 November 2007 at 12:50 | permalink
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News story, GenevaLunch, 1 November 2007.

Filed under: Society, Sports

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  1. EDITOR’S NOTEPAD » Blog Archive » Shoot the rich and beautiful Bertarelli, not the neuroprostheses Says:
    November 13th, 2008 at 1:13 pm

    [...] Okay, there was Ernesto Bertarelli, he of Alinghi fame, not to mention that he’s classed by Fortune and Forbes magazines as Switzerland’s richest man. And Daniel Borel of Logitech, another multimillionaire. Jeffrey [...]

Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported
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