BillionaireNet
Pieper
Michael Pieper
Rank #795
SWITZERLANDManufacturingKitchen appliances

Michael Pieper

Net Worth
$5.1B
+0.23% (24h)
Michael Pieper is a Swiss billionaire businessman, primarily known for his ownership of the Artemis Group, a holding company that controls the Franke Group, a leading manufacturer of kitchen appliances. Born in 1946, Pieper's career took off when he took over the reins of Franke from his father in 1989. Under his leadership, Franke experienced significant global expansion. With a net worth of $4.9 billion as of December 2025, Pieper is ranked among the wealthiest individuals in Switzerland. He holds a Master of Business Administration from the University of St. Gallen. His main source of wealth is attributed to the kitchen appliance industry.

The Full Dossier

Early Life and Education

Michael Pieper was born in 1946. He holds a Master of Business Administration from the University of St. Gallen, Switzerland.

Rise to Success

Pieper's career is largely defined by his ownership and leadership of the Artemis Group. The Artemis Group controls Franke, a company founded in 1911 and acquired by his father in 1975. Pieper took over as CEO of Franke in 1989. Franke specializes in kitchen appliances and has grown into a global leader under his guidance. Pieper stepped down as CEO of the Franke Group in 2012.

Key Business Strategies

Under Michael Pieper's leadership, Franke expanded its global presence, establishing operations across Europe, South America, North America, Africa, Australia, and Asia. Artemis Group also holds investments in Swiss industrial companies, real estate, and other ventures. Pieper has demonstrated an interest in strategic investments, including startup companies.

Philanthropy

Details on specific philanthropy initiatives and amounts are not readily available in the search results.

Career Timeline

2020

Invested in Tomorrowlabs GmbH

Acquired a 10% stake in the biotech startup Tomorrowlabs GmbH.

2019

Joined Wingman Ventures

Joined the startup fund Wingman Ventures.

2012

Stepped Down as CEO

Stepped down as CEO of Franke.

1989

CEO of Franke

Became the CEO of Franke Group, driving its global expansion.

Philanthropic Impact

UnknownUndisclosed

Not Available

Philanthropic information is not available in the search results.

Wealth Trajectory