Rank #838
Willy Michel
Net worth $5.1B
Medical devices · Switzerland
- Born
- Jan 01, 1947
- Age
- 79
- Source
- Medical devices
- Residence
- Burgdorf
- Citizenship
- Switzerland
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Willy Michel is the founder of Ypsomed Selfcare Solutions, a Swiss pharma company that develops self-injection and diagnostic systems.
- Ypsomed was started in 2003 out of Disetronic Holding, which Michel founded in 1984 with his brother and sold to Roche for $1.2 billion.
- As part of the sale agreement, Michel got the injection business back from Roche for $310 million, forming what is known as Ypsomed today.
- Michel and his three children together own a 71% stake in the company.
- Michel founded an art museum with his collection of Franz Gertsch portraits.
- Michel reportedly owns a yacht called the Vive La Vie that features rotating beds, a disco dance floor and floating glass staircase.
Financial assets
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