Baron William de Gelsey, ‘one of the most trusted international investment bankers of his time’ – obituary
Everyone knew de Gelsey, he never forgot a name, and the door of every treasury and central bank was open to him from Washington to Beijing
12 March 2021 • 12:55pm
William de Gelsey, left, and Gyorgy von Habsburg-Lothringen, Archduke of Austria, make a toast at a gala event at the 40th International Capital Market Association conference in Vienna, May 2008
Credit: Vladimir Weiss/Bloomberg News
Baron William de Gelsey, who has died in his 100th year, was an Anglo-Hungarian financier and networker whose business career lasted well into his 10th decade.
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The European Commission’s report, which states that the EU has already done everything in its power to protect Europe’s indigenous and national minorities, is “cynical,” Loránt Vincze, the president of FUEN and MEP of Romania’s ethnic Hungarian RMDSZ party, who coordinated the Minority SafePack European Citizens’ Initiative, said at an online event on Monday.
In the latest webinar on the protection of minorities in Europe organized by Hungary Today’s publisher, the Friends of Hungary Foundation, Loránt Vincze spoke about the situation and challenges of national minorities and the European Commission’s recent controversial decision on the subject.
Friends of Hungary Founder Baron William de Gelsey Passes Away At 100
Baron William de Gelsey (Báró Gelsey Vilmos) has passed away at the age of 100. One of the founders of the Friends of Hungary Foundation, Baron Gelsey lived a life of achievement, faith, and community service. Among his many undertakings as an economist and banker, he was the chairman of Gedeon Richter’s board of directors, and became a permanent honorary chairman of the company in 2017.
William de Gelsey was born in 1921 in Vienna to Marguerite and Henry de Gelsey. He was a descendent of the Gutmann family, who, after their involvement in spurring Hungary’s transport business during the industrial period, received the status of nobility and the name Gelsey in 1869, as well as the title of barony in 1904.
35 years ago, Katalin Hampel started her career as a fashion designer in a tiny shop in downtown Budapest. Beautiful folk attire was available even back then. Her business, however, could only effectively grow after Hungary’s regime change. Today, it has reached the point where it serves its customers in one of Budapest’s busiest “fashion streets.” Her clothes are popular among politicians, artists, aristocrats, and those who like sophisticated, unique clothes with Hungarian motifs. In the short film of the Friends of Hungary Foundation, Hampel says her Ars’ Poetica is that “old Hungarian costumes be brought to life in a fashionable form which can also be shown abroad.” The short film about Hampel is part of a video series that introduces ten remarkable Hungarians who have made a name for themselves abroad through talent and hard work.