These are the Richest Bankers in Switzerland: Turbulence in the capital markets hasn't done much to hurt the super-rich. One fintech entrepreneur even made it into the top ten of a popular ranking. Bilanzleaguetable therichest MarcelErni
The widespread stock market collapse wiped out vast sums of value this year, although many of Switzerland's super-rich managed to escape fairly unscathed. Assets of the 300 wealthiest people in the country declined by only 0.1 percent, according to the ranking list «The Richest» compiled annually by the business magazine «Bilanz».
This is reflected in performance fees and in the share price, which has halved this year, leaving Marcel Erni, Alfred Gantner, and Urs Wietlispach sitting on book losses of around one billion francs «Bilanz» calculates. To be sure, private equity is focused on longer-term investments with investors that can afford to weather market downturns.Guillaume Pousaz fared better, cracking the list of the ten richest Swiss with a 4 billion francs asset increase to 16 billion.
With 23 billion, there is another representative of high finance in the top ten. The Brazilian-Swiss Safra banking family with Syrian roots bought into the Basel-based Bank Sarasin in 2011, subsequently delisting it. Following the death of Joseph Safra, eldest son Jacob Safra took over. Since then, the group has continued to expand its business with institutional clients, especially in Europe.
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