Diarmaid Emmerich Faust
Generation I • House of Faust
Deceased — died at 88 in 2014 · Faust branch
Biography
Diarmaid Emmerich Faust was reserved, formal, private, and deeply interested in protecting family capital. He treated the fortune less as a possession than as a structure requiring maintenance, and he distrusted any arrangement that concentrated risk in one place.
Under his direction the house expanded its interests in property, insurance, manufacturing, and private investment, favouring holdings that produced income quietly across decades rather than assets that produced attention.
“He believed truly wealthy families should own things people had heard of without necessarily being people anyone recognized.”
Timeline
- 1926
Born into the senior Faust line.
- 1950s
Assumes responsibility for the family's industrial holdings.
- 1960s–80s
Diversifies into insurance, property, and private investment.
- 2014
Dies at 88.
Related family members