Portrait of Michael Pieper

Rank #937

Michael Pieper

Net worth $4.5B

Kitchen appliances · Switzerland

Born
Feb 05, 1946
Age
80
Source
Kitchen appliances
Residence
Lucerne
Citizenship
Switzerland
Marital status
Married
Children
2
Education
Master of Business Administration, St Gallen University

Net worth over time

Biography

  • Michael Pieper's Artemis Group controls the Switzerland-based Franke Group, maker of kitchen sinks and other industrial-grade kitchen equipment.
  • Pieper is CEO and sole shareholder of the group, which was founded in Rorschach, Switzerland in 1911 and acquired by Michael's father, Will, in 1975.
  • Michael took over in 1989, expanding the company into eastern Europe, Asia, Africa and the Americas.
  • Artemis also owns a stake in precision cutting technology company Feintool, Swiss real estate and teak plantations in Costa Rica and Nicaragua.
  • Pieper serves on the boards of several companies, including construction manufacturer Forbo and vehicle component manufacturer Autoneum.

Financial assets

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