Dispatches From The Archive · No. 04

The empty grave of Othmar Hitz

He built the fortune. He died in 1958. And when the family finally got the grave opened, there was nothing inside it.

What happened to Othmar Hitz’s grave?

Othmar Hitz, the Swiss businessman whose Venezuelan fortune the press counted in the tens of millions, died in Caracas on July 4, 1958, at fifty-nine. When his family later won an exhumation, the grave was empty. Not disturbed. Not misplaced. Empty.

His widow never accepted the official story. She believed to the end of her life that he had been killed, and said so to reporters and to courts. That was her conviction, and the record neither proves nor disproves it. What the record does show is a series of facts that no one has ever explained, and each one made the fortune harder to reach.

What no one explained

The exhumation took years of legal petitioning across two countries. When it finally happened, there was nothing to exhume. The man who had presided over the Swiss Association of Caracas, married, fathered a child, and built companies, properties, and bank accounts across three countries had vanished from the earth as completely as if he had never existed.

A family member later summarized the arrangement that preceded all of this: Othmar had transferred his assets into the name of the lawyer he trusted “like my own brother,” against signed counter-documents that were supposed to prove the truth. The counter-documents, in my grandfather's words, “disappeared, of course.”

The empty grave is where this story stops being a scandal and becomes something else. A fortune can be argued over. A body that is not where it was buried is a question that does not close. It has stayed open for sixty years.

From the archive: sources for this dispatch


Questions

How did Othmar Hitz die?

In Caracas on July 4, 1958, at age fifty-nine. His former wife believed he had been killed and said so publicly. When the family later obtained an exhumation, the grave was found empty.


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