On his maternal side, Alix-May von Frankenberg and Ludwigsdorf, belonged to the owning family of Europe's biggest private bank Sal.
After a dispute with his father, he left the Faber-Castell family holdings and sold most of his stake in the company to his younger brother.
From there on, the Franconian stationery manufacturer was managed by his younger brother Anton-Wolfgang Count von Faber-Castell.
Hubertus had three children from two different marriages: Faber-Castell moved to Asia, where he pioneered the set up of commercial television in China.
When finalised, Count Hubertus sold his 50 percent stake to the Chinese Government for an undisclosed sum.