Éric Roger Lux (born 19 December 1967) is a Luxembourger businessman. He is the CEO of

Genii Capital Genii Capital (simply known as Genii and stylized as GƎИII) is an international financial advisory and investment firm, which specialises in brand management, technology, motorsport and a range of venture capital activities. It was created in 20 ...

, co-founded with Gerard Lopez, an investment management and financial member of the Genii Group and former owner of the

Lotus F1 Team Lotus F1 Team was a British Formula One racing team. The team competed under the Lotus name from until , following the renaming of the former Renault team based at Enstone in Oxfordshire. The Lotus F1 Team was majority owned by Genii Capital. ...

. He is also CEO of the real estate investment group Ikodomos Holding and real estate developer company Iko (previously Ikogest).

Biography

Lux graduated from Switzerland's Lausanne Business School in 1993. Between 1994 and 1997, he worked as a consultant, specialising in

process engineering Process engineering is the understanding and application of the fundamental principles and laws of nature that allow humans to transform raw material and energy into products that are useful to society, at an industrial level. By taking advantage ...

activity-based management Activity-based management (ABM) is a method of identifying and evaluating activities that a business performs, using activity-based costing to carry out a value chain analysis or a re-engineering initiative to improve strategic and operational decis ...

and total quality management. Lux took over the Ikodomos Holding group in 1997, growing it into one of Luxembourg's leading real estate investment and development organisations. The company now has business activities throughout Europe and Asia. In 2008, he co-founded

, a private investment management and financial advisory firm, with Gerard Lopez. He is fluent in English, French, German and Luxembourgish.

Nightclub incident

On 17 April 2011, Lux was struck in the neck with a broken champagne glass by Formula One driver

Adrian Sutil Adrian Sutil (; born 11 January 1983) is a German-Uruguayan racing driver who raced in Formula One for seven seasons: from 2007–2011, then 2013–2014. He drove for the Spyker F1 Team, Force India F1 Team and the Sauber F1 Team. He was also t ...

whilst at a nightclub in Shanghai. Lux filed a criminal complaint against Sutil for physical assault and grievous bodily harm. In January 2012 Sutil was found guilty by a court in Munich and given an 18-month suspended prison sentence and fined €200,000. Sutil later planned to appeal his sentence, as well as the prosecutor, though Sutil decided against it.

Suspicions of wrongdoing

According to the documents of the Mossack Fonseca firm, Gravity Sport Management, Eric Lux’s society, would be involved in the Panama Papers, tax evasion scandal. The Ban Manor buyout to the Charlie Chaplin Foundation has provoked the resignation of the manor’s treasurer because of the lack of transparency of the funds used for the buyout. Philippe Meylan, the land developer has himself admitted that « the Genii capital participation can include some Russian funds » according to the newspaper Le Monde. Furthermore, Lux's name has been mentioned in the money deprivation scandal of the Malaysian fund, 1MDB. The Luxembourger Wort has revealed that the Lux's partner, Gérard Lopez, has met Tarek Obaid and his partner Turki Bin Abdullah Al Saoud (suspected in this scandal), while the origin of the funds used for the F1 was difficult to recover.

References

External links

Ikodomos Group
{{DEFAULTSORT:Lux, Eric Luxembourgian businesspeople 1967 births Living people Formula One team owners People from Luxembourg (Belgium)