Rank #835
Peter Grogg
Net worth $5.0B
Biochemicals · Switzerland
- Born
- Jan 10, 1942
- Age
- 84
- Source
- Biochemicals
- Residence
- Liestal
- Citizenship
- Switzerland
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Peter Grogg founded Switzerland-based biochemical company Bachem Holding AG in 1971 and served as CEO until 2002 and then chairman until 2012.
- Bachem develops and manufactures active pharmaceutical ingredients, including peptides, amino acid derivatives and other organic molecules.
- Grogg is the majority shareholder of Bachem Holding AG with a roughly 58% stake.
- The majority of his ownership in Bachem Holding AG is held through his asset management firm, Ingro Finanz AG.
- Grogg is honorary chairman of Bachem and chairman of the board of Ingro Finanz AG.
- Some of Grogg's investments include positions in Swiss electrical engineering company Burkhalter Group and biopharmaceutical company Polyphor AG.
- In 1971, Grogg bootstrapped Bachem with 50,000 Swiss Francs.
- Grogg owns 75% of Swiss hotel chain Sunstar Holding AG.
Financial assets
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