Werner K. Rey | |
---|---|
Born | Werner Kurt Rey October 6, 1943 Zurich, Canton of Zurich, Switzerland |
Occupations | |
Years active | 1976 - present |
Employer | Omni Holding AG |
Criminal charges | Financial fraud, document forgery, fraudulent bankruptcy |
Criminal penalty | 4 years in prison |
Criminal status | Active |
Werner Kurt Rey (born October 6, 1943) is a UK-based Swiss businessman, financier and convicted fraudster.[1] In 1976, Rey acquired the fashion house Bally, and subsequently sold it to the Oerlikon Bührle concern, which laid the foundation of his Omni Holding AG, which would at its peak have assets under management exceeding $4 billion.
Subsequently, his investor and venture capitalist career took off from that of an initiator of hostile take-overs to that of a USD billionaire white knight[2] in various international M&A deals ranging from real estate to engineering works, electronics, media and financial services, in which he himself served occasionally as guarantor to institutional lenders.