Portrait of Walter Frey

Rank #915

Walter Frey

Net worth $4.7B

Car dealerships · Switzerland

Born
Jul 30, 1943
Age
82
Source
Car dealerships
Residence
Küsnacht
Citizenship
Switzerland
Marital status
Children
0
Education
Bachelor of Business Administration, London School of Economics; Bachelor of Business Administration, University of Zurich

Net worth over time

Biography

  • Walter Frey inherited his father's auto dealership group. In 1926, Emil Frey opened an automotive repair shop that became the Emil Frey Group.
  • The company is now the largest auto dealer in Europe with operations in service, dealerships, and financing.
  • Like his father, Walter was an accomplished race car driver. Walter controls the company but his interests also extend to politics and sports.
  • He served in the Swiss parliament from 1987 to 2001; he is also president of Zurich ice hockey club ZSC Lions.
  • He once held a 50% stake in now-defunct free weekly Zurich newspaper Zuri-Woche, and sat on the board of Swiss pharmaceuticals giant Roche.