Michael Pieper – Billionaire
Michael Pieper
CEO of Artemis Group, Artemis Real Estate Partners
REAL TIME NET WORTH — as of 4/22/17
$4.5 B
Michael Pieper’s $1.9 billion (sales) Artemis Group controls the Aarburg, Switzerland-based Franke Group, well-known maker of kitchen sinks and hoods, cooking appliances and other industrial-grade kitchen equipment. Pieper is the CEO and sole shareholder of the group, which was founded in Rorschach, Switzerland in 1911 and acquired by Michael’s father, Will, in 1975. Michael took over in 1989, expanding the company into eastern Europe, Asia, Africa and the Americas. Artemis also owns a majority stake in a precision cutting technology company called Feintool Group, real estate in Switzerland and teak plantations in Costa Rica and Nicaragua. Pieper serves on the boards of several companies, including Forbo, Autoneum, Adval Tech, Reiter and Berenberg Bank.
Source:forbes
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