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German

March 24, 2016

German media group Bertelsmann and the family behind Vogue publisher Condé Nast are to invest in innovative media and technology companies, as they look to diversify away from their traditional markets.

German media group Bertelsmann and the family behind Vogue publisher Condé Nast are to invest in innovative media and technology companies, as they look to diversify away from their traditional markets.

According to a company statement, German media conglomerate Bertelsmann, controlled by the Mohn family, will spend up to €1.3 billion ($1.45 billion) a year until 2020 on acquisitions aimed at accelerating its shift to digital video and online education.

August 12, 2010

Markus Liebherr, scion of the Swiss-based German industrial dynasty Liebherr, has died unexpectedly at the age of 62.

Markus Liebherr, scion of the Swiss-based German industrial dynasty Liebherr, has died unexpectedly at the age of 62.

His death was first announced by Southampton FC, the English football club of which he was owner. A statement said: "It is with deep regret and great sadness that the Club has to report that Markus Liebherr has passed away. His passing will come as an enormous shock to everyone."

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