Source of Wealth:Dental Implants
Full Name:Thomas Straumann
About Thomas Straumann
Swiss businessman Thomas Straumann has an estimated net worth of $1 billion as of March 2013 according to Forbes. Most of Thomas Straumann's net worth is derived from his dental implant business.
Straumann is best recognized as the grandson of Reinhard Straumann who is known to be the founder of an alloy institute in 1954. He also invented metals that are used as components in watch making. In 1989, the company started opening offices in the U.S., and by 1998, the company went public.
In 2002, Thomas Straumann retired from his post as Chairman of Straumann Holding, however he still stays on the company's board. In the past year, the company's stock price declined by 29%.
Currently, he serves as the Chairman of Medartis, a dental company he founded in 1997. In addition to his impressive collection of horses, Straumann is also the owner of several Swiss luxury hotels as well as Grand Hotel Bellevue and Hotel Les Trois Rois.
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