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Grizzly Bulls’ Billionaires Index

⬅ # 544 Igor Kesaev|# 546 Richard Tsai ➡

# 545 Rudolf Maag 

$5.49B

Real Time Net Worth
as of 7/2/2024
$36.4M (0.66%)

# 545 Rudolf Maag 

$5.49B

Real Time Net Worth
as of 7/2/2024
$36.4M (0.66%)
OccupationPartial Owner, Straumann Holdings
Source of WealthMedical Devices
Age78
ResidenceBinningen, Switzerland
Marital StatusMarried
Children2
EducationMBA, INSEAD
Age-Adjusted Net Worth$1.63B
Rudolf Maag
Rudolf Maag
Switzerland
Net worth: $5.49B

Self-Made Score 

Wealth History

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Biography

Overview

Rudolf Maag, a Swiss entrepreneur, built a fortune primarily through selling medical devices and investments in pharmaceuticals, hotels, and construction.
Born in 1956, Maag's career trajectory began at a young age when he joined the Switzerland-based UTC trading company at 22, eventually being posted in Ghana for three years.
In 1972, Maag pursued further education at INSEAD, completing his MBA in 1973, a pivotal step that set the stage for his corporate ascent.
After graduating, Maag embarked on a career at pharmaceutical company Sandoz AG, where he held various positions across Brazil and the United States before ultimately becoming head of business development.
Maag transitioned to dental giant Straumann, where he recognized an opportunity in the medical devices division, leading him to acquire it in 1990 and subsequently take it public as Stratec Medical six years later.
In 1999, Maag orchestrated the merger of Stratec with Synthes, a Swiss medical device powerhouse, which yielded a 15% stake in the company, culminating in a CEO role for a year before its acquisition by Johnson & Johnson in 2012 for $20 billion.

Philanthropy and Investments

Maag's philanthropic endeavors include a significant contribution of $5.9 million (5 million Euros) to INSEAD in 2005, marking him as the institution's largest donor.
He holds an estimated 4% stake in pharmaceutical company Actelion, his most valuable asset, valued at $487 million.
Aside from medical ventures, Maag diversified his portfolio with stakes in construction firm Implenia and the luxurious Bellevue Hotel in Gstaad, Switzerland, which he acquired in 2012 with his son-in-law Daniel Koetser.
Maag also maintains a 12% stake in Straumann Holdings, the world's leading manufacturer of dental implants, valued at $390 million, and served as the chairman of the board from 2002 to 2010.
The Bellevue Hotel purchase, undisclosed in sum, was from fellow Swiss billionaire Thomas Straumann, reflecting Maag's strategic investments and connections within Switzerland's business elite.
While Maag's investments span diverse sectors, he prefers to maintain a low profile, shying away from media attention and maintaining a private lifestyle.

How long would it take you to become as rich as Rudolf Maag?

If you started with $10,000 and invested an additional $500 each month at a 44.06% CAGR, it would take you 5 years to reach Rudolf Maag's net worth of $5.49B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 48.24% compared to 16.19% for the S&P 500 benchmark.

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Rudolf Maag is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Rudolf Maag, Medical Devices is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey