Wella heirs in a dispute: 2.8 million francs on the line!

Wella heirs in a dispute: 2.8 million francs on the line!

The Sander couple, the heirs of the Wella Group, are currently under pressure at the Darmstadt regional court because of a property dispute in the beautiful city of Basel. How op online reported, the matter revolves around an alleged promise of 2.8 million Swiss francs to the neighbors who are planning a construction project on their neighboring property. This lawsuit was filed after payment never occurred.

The Sanders, who live in Darmstadt and Potsdam, have a family background that is part of Wella's pride. In 2003, the majority of their company shares were sold to Procter & Gamble for a whopping 6.6 billion euros. Since then, the heirs, particularly the Ströher and Pohl families, have invested heavily in real estate in Basel. From a development in Hirzbrunnen Park to houses on Augustinergasse - the range is impressive, how Thurgauer newspaper described in detail.

The dispute over the construction project

The dispute over the construction project involves the demolition of an old villa to make space for four new apartment buildings. The plaintiffs, a German couple, sought an oral agreement with the Sanders in 2018, which would stipulate that a payment would be made to forego the construction project. The original sum of one million Swiss francs was increased to 2.8 million if the villa was renovated and moved into. But it wasn't that easy, as the couple had to contend with architectural and financial challenges.

Another stumbling block is Sander's demand for security for abandoning the construction project, which is not possible for Germans under Swiss law. The plaintiffs have renovated the villa, but there is no money to stop their original plans. As the legal negotiations have shown so far, a settlement could be attempted in the courtroom, but an amicable agreement currently seems difficult due to the hardened front.

A look at inheritances in Switzerland

Inheritances are a far-reaching topic, especially in Switzerland. According to an analysis of over 3000 cases, the SRF published, the Swiss often inherit millions. The University of Lausanne estimates that around 100 billion Swiss francs will be inherited in 2025 - a record! The bargain whining about rising real estate prices could soon come to an end, because such inheritances are driving up the market.

The data also shows that half of those who inherit receive more than 1.4 million francs - and real estate makes up a large part of these inheritances. From a modern perspective, assets have increased significantly in value in recent years. This leads not only to the creation of new possessions, but also to the development of a solid legacy that often stays in the family.

Whether it's the dispute over the construction project in Basel or the extensive inheritances in Switzerland - one thing is certain: the topic of assets and inheritances remains explosive and continues to cause excitement. Perhaps one or two heirs will soon be able to enjoy the financial fruits of their own or family's work.