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Authorized Biography Reveals Wolfgang Grupp’s Post-Handover Crisis and Dual Succession at Trigema

The book uses diary entries to show how the handover reshaped the family business.

Overview

  • A new authorized biography draws on Wolfgang Grupp’s long-kept diaries to report that he recorded a suicide attempt, presenting the account in his own words.
  • After handing day-to-day control to his children in early 2024, the longtime Trigema leader describes an age-related depression and a personal crisis.
  • He dropped his one-heir rule and named both children as co-leaders because both chose to stay at the company and to prevent a sole-heir tax hit that could have drained cash.
  • The family says future interviews will cover business only, and Trigema’s IT now uses an in-house AI tool to flag remarks that could be seen as too harsh.
  • The book outlines Grupp’s money principles, including avoiding debt, keeping distance from banks, and tightly controlling spending to protect the firm’s independence.