Rank #1147
Alberto Siccardi & family
Net worth $3.7B
Medical devices · Switzerland
- Born
- May 01, 1944
- Age
- 82
- Source
- Medical devices
- Residence
- Lugano
- Citizenship
- Switzerland
- Marital status
- Married
- Children
- 3
- Education
- Master of Business Administration, SDA Bocconi School of Management; Bachelor of Science, University of Turin
Net worth over time
Biography
- Alberto Siccardi founded medical device company Medacta and became a billionaire after taking it public on the Swiss stock exchange in April 2019.
- The company, based in Castel San Pietro, Switzerland, designs and sells products and technologies for joint replacement, spine, shoulder and sportsmed surgeries and has annual revenue of more than $800 million.
- In the early 90s, Siccardi had a bad fall in the Swiss Alps and got a double hip replacement. Dissatisfied with the process, he founded Medacta.
- He and his three children share a two-thirds stake in Medacta, which accounts for the majority of the fortune.
- Siccardi's father, Francesco, founded Bieffe Biomedical in Florence and sold it to American company Baxter International for $185 million in 1997.
- Siccardi used the proceeds to found Medacta in 1999. He served as CEO for nearly two decades before passing the reins to son Francesco in 2018.
Financial assets
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