Who is Willy Michel?
Willy Michel is a Swiss entrepreneur and founder of the company Ypsomed. He was born in April 1947. He founded Disetronic, which he sold to Roche.
He lives in a castle in Switzerland. His net worth is more than $ 1.8 billion.
Together with his brother, he founded the company Disetronic in 1984. Disetronics Holding AG was a company focused on the manufacture and distribution of infusion systems in medicine.
It was known for developing insulin pumps for the treatment of diabetes.
In 2000, the company had 1,021 employees and realized sales of more than US$ 200 million. In 2003, the company was split and partly sold to pharmaceutical company Roche.
He continued the injection business (Disetronic Injection Systems AG), which was renamed Ypsomed. Ypsomed was brought to the Swiss Stock Exchange.
Ypsomed is a Swiss company that specializes in the development, production, and sale of medical devices and systems. The company was founded in 1985 and has its headquarters in Burgdorf, Switzerland. Ypsomed offers a wide range of medical devices and systems, including insulin pumps, pen needles, and wearable medical devices. The company is known for its commitment to innovation and high-quality products, and has established a strong reputation in the medical device industry. Ypsomed’s products are used by people with diabetes and other chronic conditions to manage their health and improve their quality of life. The company has a global reach and operates in more than 80 countries, with a focus on providing products and services that help people live healthier, more active lives.
Michels other investments include the Swiss watchmaker Armin Strom, biotech company FINOX, and the Stadthouse Hotel in Burgdorf, Switzerland.
How Much is Willy Michel Net Worth?
He and his family still own 76% of the Ypsomed shares. The Swiss magazine Bilanz estimates his net worth at $1.2 billion.
Forbes estimates his net worth at $1.8 billion.
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