Michael Pieper Net Worth $2 Billion
A Review of Michael Pieper
He’s new to the Forbes Billionaires list and he is the ninth richest person in Switzerland along with the 736th in the list of World Billionaires.
The Artemis Group controls the Franke Group which will be based in Aarburg, Switzerland and founded in 1911. It had been obtained in 1975 by his dad, Will Pieper. The company makes sinks, cooker hoods and cooking appliances. He took control of the manufacturing company in 1988 which he expanded into Eastern Europe, Asia, South and North America, and Africa.
Mr. Pieper has held various places in several industrial businesses in Switzerland and in the USA. Mr. Pieper is a member of the board of directors of Forbo Holding Ltd, a flooring and manufacturing company; Rieter, a manufacturer of textile machinery; and Berenberg Bank.
The Artemis Group also owns and manages the Artemis Real Estate Partners, a real estate portfolio based in Switzerland and abroad. Bulk of its positions have been in the Feintool Group, a business that specializes in precision cutting and automation technology. Allegedly, it’s $2.4 billion in sales in 2011. It’s 10,500 employees around the world.