Markus Blocher
REAL TIME NET WORTH — as of 5/12/17
$1.07 B
Markus Blocher joins the billionaires list in 2017 following a sharp increase in the share price of chemical maker Dottikon ES Holding, a maker of ingredients for pharmaceuticals and a variety of chemicals for use in cosmetics, food additives and agriculture. Blocher got his start working at EMS-Chemie, a Swiss polymer and chemical manufacturer formerly owned by his father, Christoph Blocher. In 2003 Christof distributed his 60% stake in EMS-Chemie to Markus and his three sisters. Markus sold his shares to his sisters and took over Dottikon ES, which was spun out of EMS-Chemie. Markus Blocher is the CEO of Dottikon ES, which is listed in Switzerland and describes itself as a strategic development and manufacturing partner to leading chemical and pharmaceutical companies across the globe.
Blocher owns 30 percent of Ems-Chemie, a publicly traded specialty chemicals maker. The Herrliberg, Switzerland based company makes and markets polymers and chemicals for use in the transportation and textile industries. Ems-Chemie reported revenue of 2.1 billion Swiss francs ($2.2 billion) in 2017.
Source:
1. forbes