Alberto Siccardi & family
$3.7B
Born
May 01, 1944
Age
81
Source of Wealth
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
- Alberto Siccardi founded medical device company Medacta and became a billionaire after taking it public on the Swiss stock exchange in April 2019.
- The $429 million (sales) firm, based in Castel San Pietro, Switzerland, designs joint replacement and spinal surgery products.
- 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.
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