Thomas Schmidheiny

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Thomas Schmidheiny
Born (1945-12-17) 17 December 1945 (age 76)
NationalitySwiss
Alma mater Tufts University
Zurich Polytechnic
OccupationMajor shareholder of LafargeHolcim
Spousemarried
Children4
Parent Max Schmidheiny
Relatives Stephan Schmidheiny (brother)

Thomas Schmidheiny (born 17 December 1945) is a Swiss billionaire businessman, and the former chairman of cement manufacturer Holcim.

Contents

Early life

Thomas Schmidheiny was born in 1945, [1] 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. [2]

Career

Until 2003, Schmidheiny was the chairman of Holcim, one of the world's leading cement manufacturers, founded by his grand-uncle in 1912. [3] Schmidheiny resigned his chairmanship as part of a deal to settle an investigation of insider trading in Spain. [4] He has remained on the Board since that time. [5] Since the merger between Holcim and Lafarge Thomas Schmidheiny retains 11.4% of the company Lafarge-Holcim and is the biggest shareholder of the firm.

Education

Schmidheiny holds a doctorate from Tufts University and a bachelor's degree from Zurich Polytechnic, [2] and an MBA from IMD Business School, Switzerland. [6]

Honors

The Indian School of Business has a Thomas Schmidheiny chair of family business. As of 2012, the post was held by Kavil Ramachandran. [7]

Personal life

Schmidheiny is married with four children; he owns vineyards and wineries in Argentina, Switzerland and the US, including his residence in Klosters. [2] [8]

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References

  1. "Thomas Schmidheiny". LafargeHolcim. Retrieved 26 January 2017.
  2. 1 2 3 "Forbes profile:: Thomas Schmidheiny". Forbes. Retrieved 8 January 2020.
  3. "Dr. Thomas Schmidheiny: From Family Business to Family Wealth Management". The Fletcher School. 17 February 2011. Retrieved 2 January 2013.
  4. "World Business Briefing | Europe: Switzerland: Insider Trading". The New York Times . 8 February 2003. Retrieved 2 January 2013.
  5. Meier, Simone (2 October 2011). "Schmidheiny Plans to Boost Holcim Stake, SonntagsZeitung Reports". Bloomberg Businessweek . Retrieved 2 January 2013.
  6. "Thomas Schmidheiny". IMD business school.
  7. Nanda, Prashant K. (14 December 2012). "Economy highly dependent on family-run businesses' destiny: Ramachandran". Live Mint . Retrieved 2 January 2013.
  8. "Luxury and discretion on the fringes of the WEF". Financial Times. Retrieved 26 January 2017.