|Jona, Switzerland, Switzerland
|78 YEARS OLD
|Tufts University Zurich Polytechnic
|Major shareholder of LafargeHolcim
|Stephan Schmidheiny (brother)
Thomas Schmidheiny, a prominent figure in the construction and engineering sector in Switzerland, is estimated to have a net worth of $5.7 billion in 2024. As an esteemed entrepreneur and investor, Schmidheiny has made significant contributions to the development and growth of the construction industry. Through his numerous ventures and strategic investments, he has accumulated considerable wealth over the years. Schmidheiny's expertise and vision continue to shape the landscape of construction and engineering in Switzerland, cementing his position as a leading figure in the industry.
Thomas Schmidheiny is the son of Max Schmidheiny (1908-1991). The family's construction materials empire (bricks, cement, etc) was divided in 1984, with Thomas inheriting Holcim, the concrete and cement company, and his brother Stephan, also a Billionaire, was given the construction company Eternit.
Until 2003, Schmidheiny was the chairman of Holcim, one of the world's leading cement manufacturers, founded by his grand-uncle in 1912. Schmidheiny resigned his chairmanship as part of a deal to settle an investigation of insider trading in Spain. He has remained on the Board since that time. Since the merger between Holcim and Lafarge Thomas Schmidheiny detains 11.4% of the company Lafarge-Holcim and is the biggest shareholder of the firm.