Sibaei, originally from Beirut, could also have been a co-architect of Sachs’s financial schemes. Fritz Gunter Sachs (* 14. They are each registered as presidents and legal representatives of a company there. When questioned, the two men claimed not to remember any details; von Opel could not be reached by the SZ. Undaunted, Ms. Bardot said at the time: “I have never known a man like him. The inventory of Sachs’s estate also reveals the magnitude of the issue: Sachs’s fortune at the time of his death is listed at 470 million Swiss francs. The man in whose employ Hanswerner Schwenk made that trip to the South Sea, almost twenty years ago, in November 1993, is very famous and very rich. There were Lenz & Staehelin’s lawyers, of course, but also a company he had founded in Geneva under the mysterious name of “Galaxar S.A.”. Only two of the four companies are mentioned in Sachs’s tax returns and the inventory of his estate, and they seem to be listed well below their actual value: the superordinate holding company Sunrise Water at zero, K-Berg at 60,000 Swiss francs ($64,000). When he and his brother became Swiss citizens and moved to Switzerland in the seventies, and then tried to sell their shares in Fichtel & Sachs for about 330 million Deutschmarks soon after, tax authorities swiftly took action. I feel mad, serene, wonderstruck. The crucial document here is the inventory of Sachs’s estate. That is why Hanswerner Schwenk, a private secretary in his 50s, sets off for the Pacific island of Rarotonga. For years his name did not appear in Portcullis’ customer files – a highly unusual exception. Warum aber ertrug er sein Leben nicht mehr? An ideal place to minimize one’s tax burden, be it legally or illegally. Gunter Sachs, Fotograf, Frauenheld, Freigeist, hat sich mit 78 Jahren in seinem Chalet in Gstaad erschossen. Apartments in Sylt and Hamburg where also searched, with the officials looking for some kind of proof that Sachs’s main place of residence was in Germany after all. According to those documents, two of the companies own real estate whose book value is well below their market value. All rights reserved. The only reply was a letter by the two executors, who are in contact with the heirs but do not officially speak on their behalf. It would seem that Gunter Sachs sometimes had his very own truth, and maybe he just liked to exaggerate a bit here and there. Sibaei had been Sachs’s constant companion for 50 years: as a college friend, as best man at Sachs’s first wedding and, for a while, as his secretary. Gunter Sachs with Brigitte Bardot in 1966. Soon it was the most fashionable place in the world to be seen. One of them is precisely the Lenz & Staehelin lawyer who founded the first South Sea company by fax in 1993 and then went on to become the director and trustee of Sachs’s companies. Gunter Sachs, a wealthy German-born art collector who was fodder for gossip columns in the 1960s for his playboy antics and his brief marriage to Brigitte Bardot, died on Saturday at his home in the Swiss Alpine resort of Gstaad. Gunter Sachs, a German billionaire and the former playboy husband of French film star Brigitte Bardot, has committed suicide following a struggle with depression. Swiss photographer, author, industrialist and astrological researcher, of German origin. mals ein Interview mit Gunter Sachs, einem der schillerndsten Männer der deutschen Nachkriegsgeschichte: Ex-Ehemann von Brigitte Bardot, Erbe des Industrie-Imperiums Fichtel & Sachs, er-folgreicher Fotograf und Bestsellerautor, profilierter Kunstsammler und prämierter Dokumentarfilmer, Deutschlands einzi-ger Playboy von Rang. Too tight-lipped, it seems, by the standards of the law. Gunter Sachs war reich, beliebt und erfolgreich - und trotzdem setzte er seinem Leben vorzeitig ein Ende. The German-born millionaire, womanizer, photographer, art collector and man-about-globe had followed the fast-living course of his life to its end: Better to go out with a bang than with a whimper (Sachs was believed to have Alzheimer’s disease). Ein Grab des verstorbenen Gunter Sachs freilich ist nirgends auszumachen, als die GlücksPost letzte Woche den Friedhof besuchte. That was the Sachs Scheme, secretly functioning for many years, and profitable for a large number of people: Sachs himself, his sons (as beneficiaries of some of the trusts), Samir Sibaei, and all the various contractors, of course, the lawyers, directors, administrative board members, trustees and managers of the offshore companies. Sein extrovertierter Lebensstil machte ihn in den 1960er und 1970er Jahren besonders als Prototyp des Gentleman-Playboys bekannt. The other two companies, K-Buchs and K-Erlen, are still unknown to the tax authorities. The tax authorities of the Canton of Bern, Sachs’s last place of residence, take a different view on the legal situation. It certainly must not sign anything. Gunter Sachs, the playboy who married Brigitte Bardot, kills himself at 78. His collection included works by Magritte, Kandinsky, Francis Bacon and Max Ernst as well as Andy Warhol, Roy Lichtenstein and Tom Wesselmann. Washington DC 20036 USA, © 2021 — The International Consortium of Investigative Journalists. Once before Gunter Sachs was at the heart of a tax scandal. The executors offered no comment on this company. His family said Mr. Sachs, who had an incurable degenerative disease, committed suicide. Il passe la plus grande partie de son enfance en Suisse à Lausanne, où il poursuit ses études. When the marriage ended three years later, The New York Times referred to Mr. Sachs as “someone who has been linked romantically at some time or other with half the great beauties in Europe.”. That real estate probably served as security for the bank debts, and must therefore be accordingly valuable. Now another aspect has come to light:  a man who set up an intricate offshore scheme to manage his vast fortune, a scheme that remained inscrutable to the fiscal authorities until the end. And the providers of the shell corporations. Shiny happy people: Gunter and Mirja Sachs in 1993 (Image: Getty). Otherwise one would not need to bother with all the hassle, after all: the South Seas, the lawyers and all that secretiveness. It is believed that the wise man is not subjected to stellar influences. Ein Nachruf. Image: Photo: AP. His family owned Fichtel & Sachs, a manufacturer of car and motorcycle parts, founded by his grandfather Ernst Sachs. Officially, the sole owner of Triton Ltd. is a company called Trustcorp Ltd., who, on paper, also owns a large number of other companies. The electronic files of three of his trusts show the following note by an employee, dating from April 1999: “No information on the founder, apparently top secret. For this is Trust Corporation Ltd.’s business model: They set up anonymous shell corporations and trusts, and then manage them with absolute discretion. Gstaad - Der Fotograf, Kunstsammler und Playboy Gunter Sachs ist tot. Es war die Woche, Thus, it remains unclear, whether or which of the trusts’ funds have indeed been officially declared. He’s known as Brigitte Bardot’s husband, photographer, director, art collector. This is probably a mere anecdote, and there may not be much truth to it. In managing his companies in the South Seas, Gunter Sachs put extreme stress on secrecy. Später erwarb er sich an der Universität Nantes noch ein Diplom als Dolmetsc… Biography. These five trusts were the opaque containers in which Sachs stored parts of his fortune. In BUNTE versucht sie jetzt, ihren Schmerz in Worte zu fassen. Now another aspect has come to light about Gunter Sachs: a man who set up an intricate offshore scheme to manage his vast fortune, a scheme that remained inscrutable to the fiscal authorities until the end. In fact, however, that is just a smokescreen, put up to avoid mentioning the real owner’s name. The South Seas Scheme looked as follows: Two shell corporations, Triton Ltd. and another company called Tantris Ltd., acted as trustees for five trusts set up between 1994 and 2007 – the Moon Crystal Trust, the Espan Water Trust, the Sequoia Trust, the Triton Trust and the Parkland Oak Trust. Gunter Sachs was born under the sign of the Monkey, element Water. To no avail. In his younger years his public image was that of the archetypal rich playboy. Therefore, Swiss law demands they be declared, just like all kinds of international income, property or investment,” says Andreas Kolb, a tax attorney who specializes on wealthy private clients. In 2008 he put all his eggs into the same basket: the discreet Grand Duchy of Luxembourg. Sachs died by suicide on 7 May 2011 by a gunshot wound to the head at his home in Gstaad, Switzerland. On September 15, 1993, a lawyer of the major Zurich law firm Lenz & Staehelin had already registered “Triton Ltd.” by fax. Eldest son Rolf, domiciled in London, is an elemental feature of St. Moritz society. However, according to sources close to him, Sachs had a fully equipped office in each of his many apartments and houses (13, at the time of his death). One speaker asserts it is not enough to “merely declare the funds held by the trust” in such cases; “receipts, certificates or written confirmations by third persons” must be submitted, so that the trust’s existence can be verified. It is a strenuous trip for Schwenk, who lives in Munich. Documents stating the amount invested in the trusts do exist. The executors deny they failed to adequately declare the companies’ value to the authorities. In a suicide note the family released, Mr. Sachs said, “The loss of mental control over my life was an undignified condition which I decided to counter decisively.”. Looking at the intricate network of Sachs’s offshore companies, one understands it cannot have been easy to keep track of everything. And that is not all: SZ journalists discovered Gunter Sachs also had shares in companies based in other tax havens, apparently with values and debts in the high millions. Schweinfurt, Bavaria, Germany as Gunter Fritz Sachs. In Lausanne studierte er Mathematik und Wirtschaft, bei Bosch in Stuttgart ließ er sich zum Feinmechaniker ausbilden, anschließend folgte eine Lehre als Bankkaufmann bei der Commerzbank in München. This story was first published in Süddeutsche Zeitung. Gunter Sachs wird als Künstler und für die, die ihn verehrten und liebten, unvergessen bleiben. They also had bank debts of about 77 million Swiss francs ($81 million) and owned a lot of real estate in Switzerland. But the list of offshore companies goes on: SZ research shows that Gunter Sachs held shares of four companies founded between 2003 and 2008 in the tax havens of the British Virgin Islands, Jersey and Luxembourg. (which some have speculated to be Alzheimer's ) adding that "The loss of mental control over my life was an undignified condition, which I decided to counter decisively". Reinicke directed two of the companies on the Cook Islands, and acted either as manager or member of the administrative board in the four Luxembourg companies as well. It doesn’t touch me. According to a former employee, almost 30 people all over the world were busy with Sachs’s real estate in Europe and the USA, his art collection, his cars and his yachts. From 1965 to 1972, Mr. Sachs was president of the Modern Art Museum in Munich. He was also a photographer whose works were exhibited in Europe. But Gunter Sachs himself demonstrably had access to the funds of two of those trusts as well, and was therefore liable to declare them. The “Company Kit”, a sort of starter set for shell corporations, was on its way to Zurich soon after. Gunter Sachs, who committed suicide at his chalet in Gstaad on Saturday aged 78, was a multi-millionaire German playboy, scion of the Opel motor dynasty, European bobsleigh champion of … Up to now, there are eleven offshore companies whose existence is unknown to the tax authorities. Mai 2011 in Gstaad[1]), früher auch Gunter Sachs von Opel genannt,[2] war ein deutsch-schweizerischer Industriellenerbe, Bobfahrer, Fotograf, Dokumentarfilmer, Kunstsammler und Astrologe. Warhol, a close friend of Mr. Sachs’s, produced portraits of him and of Ms. Bardot. Chinese astrology is brought to us as a legacy of age-old wisdom and invites us to develop an awareness of our inner potential. And the heirs themselves will have to make steep back payments if the Swiss revenue authorities determine that Sachs, a Swiss citizen since 1976 and registered in Gstaad since 2008, did in fact evade taxes. And his mother, Elinor von Opel, granddaughter of Opel founder Adam Opel, was the heiress to a similarly vast fortune. He was 78. Im Februar nächsten Jahres, sagte sein Sohn Rolf (52) nach der Abdankung, werde in St. Moritz eine Gedenkfeier für alle stattfinden.
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