⬅ # 361 Rahul Bhatia|# 363 Viktor Vekselberg

# 362 Thomas Schmidheiny 


Real Time Net Worth
as of 5/29/2024
-$10.4M (-0.13%)

# 362 Thomas Schmidheiny 


Real Time Net Worth
as of 5/29/2024
-$10.4M (-0.13%)
OccupationPartial Owner and Honorary Chair, Lafarge Holcim
Source of WealthCement
ResidenceJona, Switzerland
Marital StatusMarried
EducationDoctorate, Tufts University; BS, Zurich Polytechnic
Age-Adjusted Net Worth$2.30B
Thomas Schmidheiny
Thomas Schmidheiny
Net worth: $7.78B

Self-Made Score 

Wealth History

Hover or tap to reveal net worth by year
Loading Chart



Thomas Schmidheiny was born on December 17, 1945, in Switzerland, to Max Schmidheiny (1908-1991).
He inherited Holcim, a cement and concrete company, in 1984, following the division of the family's construction materials empire.
Schmidheiny holds a doctorate from Tufts University, a bachelor's degree from Zurich Polytechnic, and an MBA from IMD Business School, Switzerland.
He is married and has four children.
Schmidheiny owns vineyards and wineries in California, Argentina, and Switzerland.


Until 2003, Thomas Schmidheiny served as the chairman of Holcim, a major cement manufacturer founded by his grand-uncle in 1912.
He retired as chairman in 2003 after a 20-year tenure.
Schmidheiny remains the honorary chairman of Holcim and retained 11.4% of Lafarge-Holcim following the merger in 2014, making him the largest shareholder of the company.
In 2018, he left the board of Holcim.


The Indian School of Business established a Thomas Schmidheiny chair of family business, currently held by Sougata Ray as of 2023.

How long would it take you to become as rich as Thomas Schmidheiny?

If you started with $10,000 and invested an additional $500 each month at a 44.02% CAGR, it would take you 5 years to reach Thomas Schmidheiny's net worth of $7.78B.

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 42.57% compared to 11.75% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Thomas Schmidheiny 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 Thomas Schmidheiny, Cement 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