Thomas Straumann – Billionaire

REAL TIME TOTAL ASSETS– as of 5/5/17
$ 2.3 B.

Straumann possesses a 17% stake worldwide’s largest maker of implants whose origins stretch back to 1954. That’s the year Straumann’s grandfather Reinhard Straumann started an alloy study business. Reinhard discovered bone’s crystalline mineral structure and also by 1967 when Thomas’s daddy Fritz took control of, the company had become a sector leader in fracture-healing steel implants. Under Fritz, Straumann Holding remained to try out the use of metals in clinical gadgets, as well as satisfied actual success during the 1970’s with the intro of titanium dental implants. Thomas signed up with the company’s board of directors in 1990 where he moved emphasis to dental items just. Straumann Holding went public in 1998. In addition, Straumann chairs Medartis, which he established in 1997. It makes implants for hand, wrist, and also foot fractures. He also possesses the glamorous Swiss Les Trois and a stable of jumping horses.

Thomas Straumann Net Worth: Thomas Straumann is a Swiss businessman who has a net worth of $1.1 billion. Thomas Straumann inherited the vast of his fortune from his grandfather Reinhard Straumann, who founded an alloy institute in 1954. In 1989, the company spread its operations in the States, and by 1998, it went public. Reinhard invented metals that are used as components in watch making, whereas his father, Fritz, was a pioneer in dental implants. Thomas served as Chairman for years of his father’s Straumann Holding, the world’s biggest producer of dental implants. But having retired more than a decade ago, he decided to sell bulk of his shares in November 2012. It was maybe too early, as the stock of the company has climbed steadily since May 2013, enough for him to get back to the billionaire ranks after one year absence. Aside from the above, Thomas Straumann set up and has been chairing implant maker Medartis, and he owns Swiss luxury hotels Hotel Les Trois Roi and Grand Hotel Bellevue, as well as a stable of race horses. His daughter Flaminia is a champion rider, and hopefully will represent Switzerland in the Rio Olympics in 2016.