Peter Grogg
$3.6B
Born
Jan 10, 1942
Age
83
Source of Wealth
Biochemicals
Residence
Liestal,
Citizenship
Switzerland
Marital Status
Children
0
Education
- 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.
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