Tuesday, January 21, 2020

Duke Carl hands over business to son

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HRH Carl, Duke of Württemberg has withdrawn from the day-to-day running of the family business and has handed it over to his son, Duke Michael.

The announcement was made on January 19 at a New Year's reception at Schloss Altshausen, reports the Stuttgarter Zeitung.  He said he named his son to head the family business because "My health is no longer in a stable condition to devote myself to all the entrepreneurial issues in the court chamber."

Duke Michael, 54,  will head the private administration of the House of Württemberg together with Henrik Lingenhölm, who serves as president.

The 83-year-old Duke Carl will remain head of the royal house.  His grandson, Duke Wilhelm, is his heir apparent, following the death of Wilhelm's father, Duke Friedrich, in a car accident in 2018.

Wilhelm, who is 25 years old, is at university in the United Kingdom and will work outside the family business for several years, Duke Carl said.  He is being trained to take over the management of the family's properties, which will happen in a few years.

The Hofkammer, which is based in Friedrichshafen, is responsible for the management of the family's properties, which include forestry,  vineyards, agriculture and financial assets.


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