⬅ # 675 Tsai Cheng-ta|# 677 Marisa Del Vecchio ➡

# 676 Thomas Straumann 

$4.68B

Real Time Net Worth
as of 6/27/2024
$32.2M (0.69%)

# 676 Thomas Straumann 

$4.68B

Real Time Net Worth
as of 6/27/2024
$32.2M (0.69%)
OccupationCo-owner, Straumann Group
Source of WealthDental Implants
Age60
ResidenceBasel, Switzerland
Age-Adjusted Net Worth$4.68B
Thomas Straumann
Thomas Straumann
Switzerland
Net worth: $4.68B

Self-Made Score 

Wealth History

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Biography

Overview

Thomas Straumann is a Swiss billionaire known for his significant stake in Straumann Holding AG, the world's largest dental implant manufacturer.
He is recognized for transforming his family's business, originally focused on alloy research, into a global leader in dental implants and related technologies.
Straumann's entrepreneurial ventures extend beyond dental implants, including his founding of Medartis, a medical device company, and his involvement in various board memberships and not-for-profit activities.

Early Life and Education

Thomas Straumann was born in 1963 in Switzerland.
He received training in precision engineering.
He pursued studies at the Basel Management School and the Management & Commercial School of Baselland.
Straumann holds an honorary doctorate from the Medical Faculty of the University of Basel.

Career Highlights

In 1990, Straumann established the new Institut Straumann AG, shifting its focus solely to dental products.
He served as CEO of Institut Straumann AG until 1994 and then as Chairman until 2002.
Straumann founded Medartis AG in 1997, where he currently serves as Vice Chairman.
His diverse portfolio includes ownership of Grand Hotel Les Trois Rois in Basel and chairmanship of CHI Classics Basel Ltd.
Straumann is a major shareholder of Straumann Holding AG and has been a member of its Board of Directors since 1990.

Straumann Group History and Achievements

Founded in 1954 by Reinhard Straumann, the company initially focused on alloy research before entering dental implantology.
Straumann Group became a leading manufacturer of osteosynthesis implants by 1990.
Thomas Straumann led a management buy-out in 1990, resulting in the formation of Straumann Holding AG.
The company went public in 1998 and expanded its portfolio through strategic acquisitions in oral tissue regeneration and biomaterials.
Straumann Group's acquisitions and investments have extended its presence globally and diversified its offerings into orthodontics and digital solutions.

Business Activities and Expansion

Straumann Group specializes in dental implants, instruments, biomaterials, CADCAM prosthetics, and digital equipment for dental applications.
It collaborates with research institutes and universities worldwide for product development and offers training and education for dental professionals.
The company's products and services are available in over 100 countries through a broad distribution network.
Straumann Group's strategic investments have expanded its market presence, including acquisitions in Brazil, India, France, and Taiwan.
Its entry into orthodontics and digital solutions reflects a commitment to innovation and meeting evolving dental industry needs.

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

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach Thomas Straumann's net worth of $4.68B.

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 48.35% compared to 16.28% for the S&P 500 benchmark.

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Thomas Straumann 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 Straumann, Dental Implants 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