ZURICH, Switzerland (AP) -- German-born billionaire coffee, chocolate and employment king Klaus J. Jacobs has died.
His family-owned investment firm Jacobs Holding says he had been suffering from cancer and died during the night. He was 71.
Jacobs sold his family's business Jacobs Suchard to Philip Morris in 1990 for 3.1 billion Swiss francs after he merged it with Interfood, featuring the Suchard and Tobler chocolate brands.
Jacobs then created Adecco from the employment firms Adia and Ecco and built it into the world's biggest staffing agency.
Family council's spokesman Urs Laufer says Jacobs died in Kuesnacht near Zurich on Thursday. He leaves behind his second wife Renata, their four children and two children from an earlier marriage.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.