Rank #308
Thomas Schmidheiny
Net worth $10.7B
Cement · Switzerland
- Born
- Dec 17, 1945
- Age
- 80
- Source
- Cement
- Residence
- Jona
- Citizenship
- Switzerland
- Marital status
- Married
- Children
- 4
- Education
- Doctorate, Tufts University; Bachelor of Arts/Science, Zurich Polytechnic
Net worth over time
Biography
- Thomas Schmidheiny gets the bulk of his fortune from cement and building materials giant HOLCIM, which was formed via a mega-merger in 2014.
- His great-grandfather Jacob founded the family business in 1912; over time the family built an empire of bricks and cement.
- His father Max divided the estate in 1984 and Thomas inherited cement and concrete supplier Holcim. His brother Stephan got concrete supplier Eternit.
- Thomas, now honorary chairman of Holcim, left the board in 2018. He retired as chairman in 2003 after running the company for 20 years.
- Schmidheiny also has wineries in California, Argentina, and Switzerland.
- Schmidheiny's son co-founded Berlin-based film distributor DCM and his daughter built a brewery in Latin America.
- Schmidheiny's grandfather founded a vine growers cooperative and his dad started making wine on the family's Heerbrugg estate when Schmidheiny was a child.
Financial assets
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