Name
Sybill Storz
Sybill Storz
Leipzig, Germany
Germany
medical devices
$1,400,000,000
1511
#1511 Billionaires 2019
Sybill Storz's father founded founded Storz GmbH & Co. KG in 1945 to manufacture ENT (Ear, Nose & Throat) instruments, headlamps and binocular loupes.Karl Storz pioneered the idea of introducing into the body (via a flexible fiber-optic cable) bright light generated by an external source.This "cold light illumination" innovation paved the way for modern endoscopy and laid the foundation for the company's future success.Today, with a portfolio of 15,000+ products, Storz is a leader in endoscopy instruments for human and veterinary medicine as well as industrial use.
On January 1, 2019, Sybill, who owns 44% of the company, stepped down as managing director and handed over the reins to her son Karl-Christian.Her sister, Gudrun Heine, also a billionaire, is president of the board of directors.
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