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There are losers among the rich too, and this can be very costly. But the super-rich can easily cope with losses worth billions of dollars. The ten people who have fallen the most on the “Balance Sheet” list of the 300 richest people in Switzerland have to digest a reduction in their wealth of a billion francs or more.
Most importantly, Peter (59), Jonas (57) and Mathias (54) are the Kamprad brothers. The masters of the Ikea empire have to pay 41 billion francs. It’s money they can never really dispose of anyway, but in theory they aren’t completely denied access to the family foundation’s assets.
Until this year. Therefore, the fortune of the Swedish gentlemen living in Vaud is now only $14 billion. It’s still a very useful sum, especially considering that the cheap furniture business is still doing excellently. The brothers have now lost their top position among Switzerland’s richest people.
Roche’s owners, the Hoffmann, Oeri and Duschmalé families, have had a bad year. Roche shares are one of the worst stocks in Switzerland’s leading SMI index this year. The coronavirus testing business has collapsed and some drugs in the pharmaceutical giant’s product range have been revealed to have failed. This ultimately cost the main shareholders four billion francs.
Guillaume Pousaz (42) is in third place in the “Loose” rankings. The fate of many new entrepreneurs befell him. The company is only as valuable as investors are willing to believe. Payment processor Checkout.com was once valued at around 40 billion, today it still maxes out at 18 billion.
Pousaz, who owns about three-quarters of the shares, isn’t sure either. Although the company has been profitable for a long time, it has lost a lot of value in the general decline in technology stocks. As a result, Pousaz suffered asset losses of around 3 billion francs but is still sleeping well with 12 to 13 billion francs.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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