About
- Name: STEPHAN SCHMIDHEINY
- English name: STEPHAN SCHMIDHEINY
- Native name: ---
- Alias: ---
- Award: ---
Description: Stephan schmidheiny's fortune dates back to 1912 when his grand-uncle founded a business that eventually became a giant in building materials. schmidheiny became board president of his father's construction materials company swiss eternit group in 1976 at age 29. when his father max divided the estate in 1984, stephan inherited eternit while brother thomas got cement and concrete supplier holcim. in 2003 schmidheiny placed $1 billion in business assets into a charitable trust that helps entrepreneurs across both central and south america. he was convicted in 2012 for negligence that led to 2,000 asbestos-related deaths, but was later acquitted. in 2019, he was re-tried and found guilty.
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