By Playfuls Team Austrian billionaire Ferdinand Piotch, 82, a former head of the Volkswagen Group, has died on Monday, turning a normal automobile factory into one of the world's most powerful automakers.

Media sources in Vienna said the Austrian billionaire had dinner with his wife at a luxury restaurant in Bavaria, Germany, before suddenly fell unconscious and died, and was taken to hospital in a desperate attempt to help him.

Biotech is Austria's richest man with a fortune of $ 38 billion and is a key partner in the Volkswagen and Porsche car groups.

Biotech began his career as a mechanical engineer at Porsche and later converted to Audi, thanks to the development of Mercedes engines.