Alberto Siccardi & family

$2.81B

as of 10/04/24

About Alberto Siccardi & family

Alberto Siccardi founded medical device company Medacta and became a billionaire after taking it public on the Swiss stock exchange in April 2019.

The $429 million (sales) firm, based in Castel San Pietro, Switzerland, designs joint replacement and spinal surgery products.

In the early 90s, Siccardi had a bad fall in the Swiss Alps and got a double hip replacement. Dissatisfied with the process, he founded Medacta.

He and his three children share a two-thirds stake in Medacta, which accounts for the majority of the fortune.

Siccardi's father, Francesco, founded Bieffe Biomedical in Florence and sold it to American company Baxter International for $185 million in 1997.

Siccardi used the proceeds to found Medacta in 1999. He served as CEO for nearly two decades before passing the reins to son Francesco in 2018.

Personal stats

Citizenship

Switzerland

Source of wealth

Medical devices

Residence

Lugano, Switzerland

Marital status

Married

Birth date

05/01/44 (age 80)

Number of children

Education

Master of Business Administration, SDA Bocconi School of Management; Bachelor of Science, University of Turin

Self-made

inherited and growing