Sergio Mantegazza
| Sergio Mantegazza | |
|---|---|
| Born | 1926/1927 (age 90–91) Switzerland |
| Residence | Lugano, Switzerland |
| Nationality | Swiss |
| Education | Gademann Business School and Istituto Elvetico |
| Occupation | Chairman and owner, Globus |
| Net worth | $3.4 billion (October 2017) |
| Children | Paolo Mantegazza (died 2004) Fabio Mantegazza Maria Dolores Mantegazza |
| Parent(s) | Antonio Mantegazza |
Sergio Mantegazza (born 1927) is a Swiss businessman, chairman and owner of Globus, the multinational travel company.
Sergio Mantegazza was born in 1927. He was educated at Gademann Business School and Istituto Elvetico.
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. This deal involved the company’s pension scheme transferring into the statutory Pension Protection Fund (PPF), causing 70 Monarch pilot's pension benefits to be affected by the PPF compensation cap. The Pension Regulator’s subsequent statutory report later concluded that the majority of scheme members received 90% or more of their benefits. However, the deal was nonetheless criticised by The Guardian, which stated that the pilots' retirement plans had been "wrecked", and as stated by Frank Field MP, Chairman of the Work and Pensions Select Committee, in a letter to the Pension Protection Fund - “Compared to the hundreds of millions pounds of debt they were being released from, the [pension] deal was a good one for the Mantegazzas only."
He is married with three children (two living) and lives in Lugano.
His son, Paolo, worked for Bankers Trust and Credit Suisse, before becoming president and CEO of Globus' US business Group Voyagers in 1998, and killed himself in 2004, at the age of 34.
His other son, Fabio Mantegazza, was working with Sergio in the United Kingdom, and was CEO and chairman of Monarch Travel Group Ltd.
He has a 64m super-yacht named Lady Marina, where guests have included Tina Turner.
...
Wikipedia