“Balance sheet” ranking of billionaires
These are the ups and downs of the super rich of the year
It is a famous list, a “balance sheet” ranking of the 300 richest in Switzerland. Although the crisis has not done much for the super-rich, there are already interesting shifts.
The richest in Switzerland hardly feel the crisis.
Christian KolbeEditor Economics
Even Switzerland’s super-rich are feeling the pinch – sort of. The total wealth of Switzerland’s richest still stands at CHF 820.975 billion. The loss of assets amounts to 825 million francs and is spread over 300 very well-to-do arms, as can be seen from the “Bilanz” ranking of the “300 richest” in Switzerland.
Still notable: The small drop is the first since the 2008/09 financial crisis. And it is likely to repeat itself in the coming year as the signs in stock markets and the global economy are nothing but recovery.
Blocher’s fortune decreased by 5 billion
But whether it’s Corona, the war in Ukraine or inflation, cheap furniture is always in demand. The family of Ikea founder Ingvar Kamprad (1926-2018) has been at the top of the list for 21 years. Sons Jonas (56), Peter (58) and Mathias Kamprad today manage assets estimated by the “balance sheet” at 54 to 55 billion francs.
However, the crisis shook only the top ten richest. Industrialists were hit particularly hard: the Schindler and Bonnard families, for example, were excluded from the exclusive club. If the economy weakens, the global demand for elevators and escalators drops significantly. Close behind is still the Blocher family, whose assets have shrunk by 5 billion to an estimated 14 to 15 billion francs.
But this leaves room for new ones. For the rising star of the year, for example, the Aponte family, the rulers of the shipping giant Mediterranean Shipping Company MSC. The entire Swiss high seas fleet consists of only 19 ships of a rather modest size. No comparison to Apontes, which commands 730 ocean giants from Geneva, including 23 luxury cruise ships. Container shipping rates have skyrocketed thanks to disrupted supply chains and rising demand for consumer goods due to the pandemic. This makes MSC, which was founded by former captain Gianluigi Aponte (82), with an increase in assets by 11 to approximately 19 to 20 billion francs, becoming the winner of the crisis among the super-rich.
All just inherited? Incorrectly! Some of the descendants of entrepreneurs and company founders can stand on their own two feet quite well. Like, for example, Laura Paulus (34), daughter of Logitech founder Daniel Borel (72). The investor participates in Peak Health Capital in the areas of digital healthcare, personalized nutrition and childcare. Together with her husband Michael, she ranks in the top half of the 300 richest people in Switzerland, with an estimated fortune of 1 to 1.5 billion CHF.