Albert Frere, the industrialist who became one of Belgium’s richest people during more than a half-century of deal-making, has died at age 92, according to his GBL group.
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Starting out in the scrap metal sector, his relentless business drive turned him into one of Europe’s most important businessmen until he retired three years ago.
The company said in a statement Monday that “under his leadership, GBL became one of the largest holdings in Europe.”
Belgian media said he was the nation’s fourth-richest people with an estimated fortune of over 6 billion euros ($7 billion).
