The entrepreneur and billionaire Jobst Kayser-Eichberg is dead. As his surviving wife Mariana confirmed to the “Bild” newspaper, her husband died at the age of 82 on Sunday in a palliative care ward in a Munich hospital. “We are all deeply shocked, but it was good for him that he didn’t have to suffer long,” explains Mariana Kayser-Eichberg. Her husband was fit until the end and only recently had two stents placed in his heart. He survived the operation well, he reported in his last interview with the newspaper.

But his wife now reports on the progress: “It started with heart failure. Then the doctors found out that he had cirrhosis of the liver. He died of multi-organ failure, surrounded by his family.” The staff on the palliative care unit did everything “very, very dignified and beautifully.” The funeral service will take place in the immediate family circle, it is said. Whether there will be a public commemoration and appreciation of the Munich resident at a later date is not yet certain, his widow also said.

Jobst Kayser-Eichberg became managing director of the Spaten-Franziskaner brewery in Munich in the 1990s, where he had been chairman of the advisory board and supervisory board since the 1980s. The doctor of law developed the company into a real beer empire, which bought, among other things, the Munich Löwenbräu and the Stuttgart Dinkelacker-Schwabenbräu. In 2003 he sold the company to what is now the Inbev Group.

In a statement to the “Bild” newspaper, Munich’s Mayor Dieter Reiter (65, SPD) spoke of an “outstanding personality and a very successful and valued entrepreneur” who his city had lost. The news of the death “hit him very much” and he will miss Kayser-Eichberg.