Willy Michel
Burgdorf, Switzerland
Switzerland
medical devices, Self Made
$1,500,000,000
1605
#1605 Billionaires 2019
Willy Michel is the founder of Ypsomed Selfcare Solutions, a Swiss pharma company that develops self-injection and diagnostic systems. Ypsomed was started in 2003 out of Disetronic Holding, which Michel founded in 1984 with his brother and sold to Roche for $1.2 billion. As part of the sale agreement, Michel got the injection business back from Roche for $310 million, forming what is known as Ypsomed today.Michel and his three children together own a 75% stake in the company.
Michel founded an art museum with his collection of Franz Gertsch portraits.Michel reportedly owns a yacht called the Vive La Vie that features rotating beds, a disco dance floor and floating glass staircase.
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