What is Magdalena Martullo-Blocher's Net Worth?
Magdalena Martullo-Blocher is a Swiss businesswoman who has a net worth of $3.1 billion. Magdalena Martullo-Blocher joined billionaires' circles as CEO of the mammoth Swiss polymer and chemical producer, Ems-Chemie. She took over the helm of the company in 2004 when her father Christoph quit his position after 35 years to serve in the Swiss government. Back then, he sold an equal stake of the company to each of his four children.
But after siblings Miriam and Markus have sold their shares to Magdalena and Rahel, the two became the largest shareholders in the company. Magdalena, who is also a CEO, gets almost all of her fortune from her 30% stake in Ems-Chemie that is now worth $2.7 billion. Prior to getting her post at the EMS-Chemie board of directors in 2001, Martullo-Blocher held high (management) positions at Johnson & Johnson and Swiss beverage maker Rivella. While Magdalena manages the $2.1 billion (sales) company, her father Cristoph is still an eminent leader of the conservative Swiss People's Party, country's largest political party.