Stephen Schmid Haney net worth
Stephan Schmidheiny Net Worth: Stephan Schmidheiny is a Swiss businessman who has a net worth of $3.3 billion. Stephan Schmidheiny is a fourth-generation member of Switzerland’s most important industrial dynasty. Schmidheiny started his career at the company he inherited. Eternal Niederurnen. The young graduate lawyer entered Eternit at the age of 29 and took over its leadership in 1976, when he was named CEO of the Swiss Eternit Group.
But as the largest shareholder in public company Eternit Italia (through Switzerland’s Eternit Group), Schmidheiny has entered a lengthy criminal trial in connection with an alleged asbestos-related illness. Although he stopped the company’s use of asbestos in 1986, Schmidheiny, along with another shareholder, was sentenced to 16 years in prison and provisionally ordered to pay compensation to former workers and residents who lived near the factory. Fifteen years later, he resigned from all administrative positions, put the leadership of the family in the hands of newcomers, and arranged for the liquidation of the estate. What’s more, in 2003 Schmidheiny donated all of his shares in his forestry company, Grupo Nueva, to his Viva Trust, the profits of which are used to promote causes such as sustainable development and education. Speaking of his private life, he is a married man and father of four who loves to collect art, especially that of contemporary painters Richter and Warhol.
