Thomas Straumann net worth
Thomas Straumann Net Worth: Thomas Straumann is a Swiss businessman with a net worth of $1.1 billion. Thomas Straumann inherited enormous wealth from his grandfather Reinhard Straumann, who founded an alloy research institute in 1954. In 1989, the company expanded into the United States and went public in 1998.
Reinhard invented metal for use in watchmaking components, while his father Fritz was a pioneer in dental implants. Thomas served for many years as chairman of his father’s Straumann Holding, the world’s largest producer of dental implants. But after retiring more than a decade ago, he decided to sell most of his shares in November 2012. That may be premature, as the company’s stock has climbed steadily since May 2013, enough to return him to the billionaire ranks after a one-year absence. In addition to this, Thomas Straumann founded and has been Chairman of the implant manufacturer Medartis, who owns the Swiss luxury hotels Hotel Les Trois Roi and Grand Hotel Bellevue, as well as stables. His daughter, Flaminia, is a champion driver and is expected to represent Switzerland at the 2016 Rio Olympics.
