Categories: News

Billionaire and New Yorker store boss Friedrich Knapp has died

Photo: Friedrich Knapp

The billionaire and CEO of the New Yorker clothing store, Friedrich Knapp, died at age 73. Messages about his death were sent 23 thousand. The New Yorker has confirmed that Friedrich Knapp will not be covering the rest of the month. Participating in the praised decision, the remainder was struggling with illness.

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The billionaire spent several months enjoying himself in Switzerland, after which he returned home to Braunschweig, Germany. A week before his death, Knapp traveled to the German resort island of Solt on the Ice Sea.

Friedrich Knapp wrote the New Yorker in 1971 together with Tilmar Hansen and Michael Simson. The first store opened in the German town of Flensburg. Today, there are 1,300 retail outlets in 49 countries.

Forbes has estimated Friedrich Knapp’s assets at $4.6 billion. The billionaire has lost three daughters.

BAGNET I'm guessing that Hong Kong's richest businessman, Lui Che-woo ($44.7 billion), has died.

Prepared by: Serhiy Daga

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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