Thomas Schmidheiny

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Thomas Schmidheiny
Born (1945-12-17) 17 December 1945 (age 76)
NationalitySwiss
Alma materTufts University
Zurich Polytechnic
OccupationMajor shareholder of LafargeHolcim
Spousemarried
Children4
ParentMax Schmidheiny
RelativesStephan Schmidheiny (brother)

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

Early life[edit]

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[edit]

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[edit]

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[edit]

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[edit]

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

References[edit]

  1. ^ "Thomas Schmidheiny". LafargeHolcim. Retrieved 26 January 2017.
  2. ^ a b c "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.