Unfortunately I have no rags-to-riches story to tell. Money never played a big role for me. My parents just had it.

Unfortunately I have no rags-to-riches story to tell. Money never played a big role for me. My parents just had it.

This industry attracts more capital than it deserves.

Even if someone is competent, it's so damned easy to crucify him as long as he's only working on his father's account. So at the beginning I certainly wanted to prove myself to my father and the rest of society. That quickly turned into a greater challenge. My lifestyle hasn't changed as a result.

I think that my original drive as an entrepreneur was precisely that desire to get away from the image of the shipping magnate's son.

I have to manage and protect my brand. For the details I can always hire people who can knuckle down much better. For that I need people who are different to myself. People who compensate for my weaknesses.

All things start in California and spread to New Jersey, then to London and then throughout Europe.