The last of the Krupp dynasty

In the late ’70s and ’80s, Baron Arndt von Krupp of Germany was a frequent Manila visitor, enjoying the city lifestyle and sunny weather. He had many friends here, including jeweler Fe Panlilio and couturier Aureo Alonzo, who made his barongs. Ms. Panlilio was instrumental in having Baron von Krupp embraced the Catholic faith, with no less than Jaime Cardinal Sin officiating his baptism.

…with Fe Panlilio...

The Baron was the last of the Krupp dynasty, having no siblings or children. He renounced his $500M inheritance as he had no interest in business which dealt with weapons and other war materials since 1587 and later expanding to coals, supermarkets, hotels, steels, red estate.

The delicate and soft-spoken Baron confessed, ‘For all my family’s money, it didn’t always bring them happiness.’

…in barong...

But his decision to give up the family’s business did not really make him poor. He had $250,000 allowance a year and royalty from the Krupp coal mine and profits from real estate, hotels and supermarket holdings. His personal wealth was estimated at $80 million.

The Baron recalled it was tough growing up in Germany as the Krupp name was associated with weapons of destruction and even Adolf Hitler. His father Alfried stood trial at Nuremberg and served time in prison.

…and in formal suit

He was married to Princess Henriette von Auerspreg of Austria but they chose to live apart, ‘I love my wife, but we each have strong character traits we need to be alone with.’ Baron von Krupp was closest to his mother, sharing with her a 26-room mansion in Palm Beach, Florida.

Through philanthropy, Baron von Krupp hoped to redeem his family’s tarnished name and give his life meaning. ‘I give half a million dollars a year to charity, so I don’t feel bad about spending $100,000 for a car or a piece of jewelry. It soothes the conscience of extravagance.’— RKC