Net Worth

How did Hansjorg Wyss make his money? Businesses and net worth explained

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Hansjorg Wyss
Hansjorg Wyss

Hansjörg Wyss is a Swiss billionaire businessman. In the United States, he is a donor to politically liberal and environmental causes.

Companies Hansjorg Wyss founded

In 1977, Wyss founded Synthes USA and subsequently became the president of the company. Synthes USA is the US division of the Switzerland-based Synthes.

Initially, another Swiss company was responsible for manufacturing and transporting Synthes’ devices to the US. However, an early initiative by Wyss saw him opening a Synthes USA manufacturing plant in Colorado.

Wyss then served as the company’s global CEO till he resigned in 2007.

In 2012, Wyss sold the company to Johnson & Johnson for $19.7 billion.

In 1998, he created the Wyss Foundation which was geared towards establishing and sponsoring informal partnerships between non-governmental organizations and the United States government.

How did Hansjorg Wyss make his money?

Hansjörg Wyss amassed most of his wealth from the 2012 sale of Synthes to Johnson & Johnson. The company was sold for $19.7 billion in cash and stock.

As of 2017, Wyss had an estimated net worth of $5.5 billion.

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