Belgian billionaire Albert Frere has died at age 92

BRUSSELS (AP) – 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. 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.”
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GBL’s Albert Frere dies at 92, company says

BRUSSELS, Dec 3- Albert Frere, a veteran dealmaker whose impeccable business timing made him Belgium’s richest man, died on Monday at the age of 92, the company he built, Groupe Bruxelles Lambert, said. “Albert Frere, honorary chairman and co-controlling shareholder of the company, passed away today,” it said in a statement on the GBL website. Frere had stepped down as a…
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