What is Rahel Blocher's Net Worth?
Rahel Blocher is a Swiss businesswoman who has a net worth of $3.1 billion. Rahel Blocher rose to riches along with her sister Magdalena. Today, the two are the largest shareholders of Ems-Chemie, a gigantic Swiss polymer and chemical producer that is run by their family for decades. It was in 2004 when Magdalena's father left the company to serve in the Swiss government and sold an equal share of Ems-Chemie to each of his four children.
However, siblings Miriam and Markus have sold their shares to Magdalena and Rahel in order to run their own companies. Rahel is the youngest of the four and she serves only as shareholder while Magdalena is the company's CEO. Ems-Chemie is now said to generate $2.1 billion in sales and to have a market valuation of more than $8.8 billion. As for Rahel's father, Christoph, he is still a high-ranking leader of the conservative Swiss People's Party, the biggest political party in the country.