Martullo-Blocher is the chief executive officer of Ems-Chemie Holding, a publicly traded specialty chemicals manufacturer. The Herrliberg, Switzerland-based company makes high performance polymers and polyamide materials, and reported revenue of 2.3 billion Swiss francs ($2.5 billion) in 2021.
Magdalena Martullo's net worth of $7.21B can buy ...
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The majority of Martullo-Blocher's fortune is derived from a 30% stake in Ems-Chemie Holding, a publicly traded manufacturer of chemicals and polymers. The Herrliberg, Switzerland-based company had revenue of 2.3 billion Swiss francs ($2.5 billion) in 2021.
Martullo-Blocher controls the shares through a 49.5% stake in Emesta Holding, which owns 60.8% of Ems-Chemie's shares, according to the Ems-Chemie 2021 annual report. Her sister, Rahel Blocher, also owns 49.5% of Emesta and another sister, Miriam Blocher, owns the remaining 1% of Emesta, according to company filings. Miriam has a stake in Ems-Chemie through Blomi Holding, according to the annual report.
The value of her cash investments is based on an analysis of dividends, insider transactions, taxes, charitable contributions and market performance.
Magdalena Martullo-Blocher was born to Silvia and Christoph Blocher in Mannedorf, Switzerland on Aug. 13, 1969. She received an MBA from the University of St. Gallen, Switzerland.
She worked as a manager at Johnson & Johnson from 1994 to 1996, before joining Rivella, a Swiss soft drink maker, where she introduced their new Rivella Vert drink. She became a member of the board of directors of Ems-Chemie in 2001.
Martullo-Blocher became chief executive of the group when her father was elected to the Federal Council of the Swiss Government, heading the Federal Justice and Police Department. Christoph Blocher, a retired Air Force Regiment Commander and Colonel, passed his shares onto his four children in 2004.
With her sister Rahel, also a billionaire, Martullo-Blocher owns most of Ems-Chemie. Their siblings Markus and Miriam have sold shares over the years to Magdalena and Rahel.
She lives in Switzerland.