Belgian businessman and the richest man in Belgium. At the age of 30, he started investing in Belgian steel factories and by the end of the 1970s he practically controlled the whole steel industry in the region of Charleroi. He foresaw the coming steel crisis of the late 1970s and sold his enterprises to the Belgian state after merging them with the competing steel firm Cockerill to create Cockerill-Sambre. Frère used the proceeds from this sale to build an investment empire around the Swiss holding company Pargesa which he founded with the Canadian investor Paul Desmarais. Pargesa took over the Belgian holding company Groupe Bruxelles Lambert in 1982 and over the year added significant stakes in such wide ranging Belgian companies as Petrofina, Royale Belge Insurance, Compagnie Luxembourgoise de Télédiffusion (CLT), and Tractebel. He actively promoted international consolidation of the sectors in which he was involved, selling Banque Bruxelles Lambert to ING Group, Royale Belge to AXA, Tractebel to Suez, Petrofina to Total S.A., and RTL to Bertelsmann. He died 3 December 2018. Link to Wikipedia biography Read less
Born: February 4, 1926
Place of Birth: Anderlues, Belgium
As of the latest updates, there is no widely available and verifiable recent news specifically about Frere Albert. Given the age and the public profile, it’s possible that there is limited digital footprint or publicly available information.
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Frere Albert was born in the early 20th century, and it is possible that he has lived a life outside of the digital and social media era, which could explain the limited online presence and publicly available information. Any significant contributions or activities may be documented in non-digital formats or within local community records.
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