Walter Haefner

Walter Haefner
Born(1910-09-13)13 September 1910
Zürich, Switzerland
Died19 June 2012(2012-06-19) (aged 101)
Occupation(s)Businessman: automobiles/computers
Racehorse breeder
ChildrenEva Maria Bucher-Haefner
Martin Haefner

Walter Haefner (13 September 1910 – 19 June 2012) was a Swiss businessman and a thoroughbred racehorse owner and breeder in Ireland.

As a young man Haefner went to work in the auto industry as an employee of the Swiss division of General Motors Corporation. He eventually moved to England where he acquired an automobile franchise before returning home to open a Volkswagen dealership. Recognizing the important role a computer could play in his growing chain of dealerships, in 1957 Haefner became one of the first in Switzerland to import an IBM system for business use. This led to his 1964 creation of Automation Center A.G., a computer services company in Zürich.[1]

In 1976, he expanded operations to the US and, after merging his company with Russell Artzt's and Charles Wang's publicly owned software company, Computer Associates International, Inc., in 1987, Haefner was CA's largest individual shareholder until his death. He continued to own AMAG Automobil- und Motoren, a highly successful Swiss automobile dealership chain. Until his death, at age 101, he was the oldest person worth more than a billion dollars.[2]

Through horse racing, Haefner met art dealer Daniel Wildenstein, who was himself a successful horse breeder. In the mid-1960s, Haefner acquired his first paintings from Wildenstein's New York branch.

  1. ^ Orol, Ron (20 June 2000). "Cashing in on Computer Software in Switzerland and the U.S." Forbes.com. Retrieved 8 October 2010.
  2. ^ "The World's Billionaires (sorted by age)". Forbes.com. 10 March 2010. p. 40. Retrieved 8 October 2010.