Bloomberg Billionaires Index

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#302 Magdalena Martullo-Blocher $5.66B

Random fact: Has an MBA from the University of St. Gallen.

Overview

Martullo-Blocher is the chief executive officer of Ems-Chemie Holding, a publicly traded specialty chemicals maker. The Herrliberg, Switzerland-based company makes high performance polymers and polyamide materials, and had revenue of 2 billion Swiss francs ($2 billion) in 2016. She owns 30 percent of the business.

As of Sept. 21, 2017:
Last change -$66.4M (-1.2%)
YTD change +$1.23B (+27.7%)
Industry Industrial
Biggest asset EMSN SW Equity
Citizenship Switzerland
Age 48
Wealth Inherited
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Magdalena Martullo-Blocher's net worth of $5.66B can buy ...

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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of U.S. existing home sales
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Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Martullo-Blocher's fortune is derived from her 30 percent stake in Ems-Chemie Holding, a publicly traded manufacturer of chemicals and polymers. The Herrliberg, Switzerland-based company had revenue of 2 billion Swiss francs ($2 billion) in 2016.

Martullo-Blocher controls the shares through a 49.9 percent stake in Emesta Holding, which owns 60.8 precent of Ems-Chemie's shares, according to the Ems-Chemie 2016 annual report. Her sister, Rahel Blocher, also owns 49.9 percent of Emesta and another sister, Miriam Blocher, owns the remaing 0.2 percent of Emesta and an 8.9 percent stake in Ems-Chemie directly, according to the annual report and company spokesman Conrad Gericke.

The value of her cash investments is based on an analysis of dividends, insider transactions, taxes, charitable contributions and market performance.

Biography

Birthdate: 8/13/1969
Family: Married, 3 children
Education: University of St Gallen, Economics University of St Gallen, MBA

Magdalena Martullo-Blocher was born to Silvia and Christoph Blocher in Mannedorf, Switzerland on Aug. 13, 1969. She received an MBA from the University of St. Gallen, Switzerland.

She worked as a manager at Johnson & Johnson from 1994 to 1996, before joining Rivella, a Swiss soft drink maker, where she introduced their new Rivella Vert drink. She became a member of the board of directors of Ems-Chemie in 2001.

Martullo-Blocher became chief executive of the group when her father was elected to the Federal Council of the Swiss Government, heading the Federal Justice and Police Department. Christoph Blocher, a retired Air Force Regiment Commander and Colonel, passed his shares onto his four children in 2004.

With her sister Rahel, also a billionaire, Martullo-Blocher owns most of Ems-Chemie. Their siblings Markus and Miriam have sold shares over the years to Magdalena and Rahel.

She lives in Switzerland.

Milestones
  • 1936 Original business founded in Zurich to make ethyl alcohol.
  • 1960 Chemical business renamed Emser Werke AG.
  • 1969 Magdalena Martullo-Blocher is born in Mannedorf, Switzerland.
  • 1996 Leaves Johnson & Johnson for job at Swiss softdrink maker Rivella.
  • 2001 Joins Ems-Chemie Holding, becomes board member.
  • 2004 Becomes CEO of Ems-Chemie Holding.
  • 2004 Father passes Ems shares to his four children.
  • 2015 Becomes a member of the National Council in the Swiss Parliament.