Who Is The Richest Man In The Swiss Watchmaking Industry?

- May 09, 2017 -

Each year, the Swiss financial magazine "Bilanz" will be released in Switzerland living population of the industry rich list. January 2017 released the latest list of previous year-based statistics. Although compared to other industries, tabulation industry is small, the number of small, but they occupy a prominent position in the list.

 "Bilanz" richest list to the Swiss franc estimated net asset value, the release of 1 Swiss franc equivalent to 1 US dollars. The following list is extracted from the "Bilanz" Rich List, the entry of wealth mainly from tabulation of individuals and families. Swiss watch industry rich list is still familiar with the name of the main, by Rupert, Hayek and Stern led.

1. John Rupert - 4.75 billion Swiss francs (Richemont, Tobacco)

South African John Rupert was a commercial banker who later turned to a tobacco tycoon, a controlling shareholder of the luxury giant Richemont (which owns the brands such as Cartier and IWC). John Rupert's personal assets fell from 5.5 billion Swiss francs in 2015 to 4.75 billion Swiss francs in 2016, due to the sluggish sales of luxury goods and the fall in the Group's share price.

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