Rudolf Maag
Binningen, Switzerland
Master of Business Administration, INSEAD
Switzerland
medical devices, Self Made
$3,400,000,000
745
#745 Billionaires 2019
Rudolf Maag's fortune stems from medical devices. Maag got an M.B.A. from Insead in 1973 and began working his way up the corporate ladder at pharmaceutical company Sandoz AG of Switzerland.He later moved to dental giant Straumann, where in 1990 he bought out the medical device division and later took it public as Stratec Medical.In 1999 he merged Stratec with Swiss medical device powerhouse Synthes and built up a 15% stake, which was later sold to Johnson & Johnson.
Maag is the son of a butcher. Maag bought the luxurious Bellevue Hotel in Switzerland in 2012 with his son-in-law.
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