Michael Pieper

$4.38 B

Ranked #940 in World

About Michael Pieper

Swiss billionaire Michael Pieper, esteemed owner of the Artemis Group and kitchen appliance titan Franke, boasts an impressive net worth of US$4.8 billion as of October 2021. Born in 1946 and educated in economics at the University of St. Gallen, Pieper took over Franke's reins from his father in 1989. Under his leadership, the group saw stellar growth, employing 9,000 staff and reporting a turnover of 2.076 billion Swiss francs in 2017. Ranking 804 on the Forbes list, Pieper's ventures extend across industrial firms and real estate. Currently residing in Lucerne, his legacy is continued by his children Nina and Alexander in the family business.

Born

February 05, 1946

Age

80 years

Source Of Wealth

Kitchen Appliances

Industries

Manufacturing

Citizenship

Switzerland

Residence

Lucerne

Education

Master of Business Administration, St Gallen University

Children

Michael Pieper was born in 1946. He studied economics at the University of St. Gallen.

Michael Pieper: Family

Michael Pieper is married with two children, Nina and Alexander. The family resides in Lucerne, Switzerland.

Michael Pieper: Career Highlights

Michael Pieper is the owner of Artemis Group, which controls Franke, a supplier of kitchen, hygiene, and coffee preparation products. He became the CEO of Franke in 1989 and stepped down in 2012. The group employs around 9,000 people and generated sales of 2.076 billion Swiss francs in 2017.

Pieper is ranked 804 on the Forbes list and is among the 10 richest Swiss individuals. His assets are estimated to be between CHF 3.5 and 4 billion.

In addition to Franke, Artemis Group includes investments in Swiss industrial companies, real estate, and teak plantations in Costa Rica and Nicaragua. Pieper serves on the boards of companies like Forbo and Autoneum.

In 2019, he joined the startup fund Wingman Ventures with a high single-digit million amount. He also acquired a 10% stake in the biotech startup Tomorrowlabs GmbH in 2020, alongside Wolfgang Reitzle.

Michael Pieper: Companies

Franke
Artemis Group
Forbo
Autoneum
Wingman Ventures
Tomorrowlabs GmbH

Michael Pieper: Major Achievements

Became CEO of Franke in 1989.
Stepped down as CEO of Franke Group in 2012.
Ranked 804 on Forbes list, among the 10 richest Swiss.
Joined startup fund Wingman Ventures in 2019 with a high single-digit million amount.
Acquired a 10% stake in biotech startup Tomorrowlabs GmbH in 2020, alongside Wolfgang Reitzle.

Michael Pieper: Awards & Achievements

Information about awards and achievements received by Michael Pieper is not provided in the given context.

Michael Pieper: Personal Life & Legacy

Michael Pieper is married with two children, Nina and Alexander. Both children are involved in the Franke group and sit on the Artemis Holding board of directors.

Michael Pieper: Trivia

No trivia information is provided in the given context.

Wealth History

Timeline

1946

Michael Pieper is born.

1975

Michael Pieper's father acquires Franke, a kitchen appliance manufacturer.

1989

Michael Pieper becomes CEO of Franke.

2012

Michael Pieper steps down as CEO of Franke Group.

2017

Franke Group employs around 9,000 people and generates sales of 2.076 billion Swiss francs.

2019

Michael Pieper joins startup fund Wingman Ventures with a high single-digit million amount.

2020

Michael Pieper acquires a 10% stake in biotech startup Tomorrowlabs GmbH, alongside Wolfgang Reitzle.

Michael Pieper : FAQs

What is Michael Pieper's current net worth?

Michael Pieper's current net worth is $4.38 billion.

What is Michael Pieper's current global rank among billionaires?

Michael Pieper holds the 940th position globally among billionaires.

What is Michael Pieper's current ranking within the Switzerland?

Michael Pieper holds the 20th position in Switzerland.

What was the change in Michael Pieper's net worth compared to the previous year?

Michael Pieper's net worth decreased by 799.4 million dollars compared to the previous year 2025, when his net worth was 5.18 billion dollars.

What are Michael Pieper's main sources of wealth?

Michael Pieper's main source of income comes from Kitchen Appliances.

In which industry does Michael Pieper primarily operate?

Michael Pieper is primarily involved in the Manufacturing industry.

What is Michael Pieper educational background?

Michael Pieper holds a Master of Business Administration from St Gallen University.

How old is Michael Pieper?

Michael Pieper is 80 years old.

How many children does Michael Pieper have?

Michael Pieper has 2 children.

What does Artemis Group encompass and what role does Pieper serve in other companies?

Artemis Group includes investments in Swiss industrial companies, real estate, and teak plantations in Costa Rica and Nicaragua. Michael Pieper also serves on the boards of companies like Forbo and Autoneum and has invested in startup ventures such as Wingman Ventures and a biotech startup Tomorrowlabs GmbH.

Can you tell me about Michael Pieper's family and his life in Switzerland?

Michael Pieper is married, with two children named Nina and Alexander, who are actively involved in the Franke group and sit on the Artemis Holding board of directors. He lives in Lucerne, Switzerland.