Markus Blocher’s profile picture

Markus Blocher

Markus Blocher’s profile picture
Net worth 2018: $1.31 Billion
Industry: Manufacturing
Country: Switzerland
BirthDay: 11 October 1940
Sigh: Scorpio
BIOGRAPHY

Markus Blocher was bornon 11 October 1940 in Switzerland. Markus Blocher is #1692 in List Billionaires People In The World. Markus Blocher joins the billionaires list in 2017 following a sharp increase in the share price of chemical maker Dottikon ES Holding, a maker of ingredients for pharmaceuticals and a variety of chemicals for use in cosmetics, food additives and agriculture. Blocher got his start working at EMS-Chemie, a Swiss polymer and chemical manufacturer formerly owned by his father, Christoph Blocher. In 2003 Christof distributed his 60% stake in EMS-Chemie to Markus and his three sisters. Markus sold his shares to his sisters and took over Dottikon ES, which was spun out of EMS-Chemie. Markus Blocher is the CEO of Dottikon ES, which is listed in Switzerland and describes itself as a strategic development and manufacturing partner to leading chemical and pharmaceutical companies across the globe.

NET WORTH STATISTIC
2017

$1.1 Billion

2018

$1.31 Billion

TIMELINE
2019

Blocher thus became the fourth federal councillor to be ousted from office in the history of the Swiss Federal State, following Ruth Metzler whom he had replaced the previous term, besides Ulrich Ochsenbein and Jean-Jacques Challet-Venel in the 19th century

2016

In an interview in April 2016, Blocher stated that United States President Ronald Reagan "was the best president I have seen" and that he thought that, like Reagan, then-presidential candidate Donald Trump would be underestimated but more competent and great than expected

2014

Blocher announced that he would resign from the National Council on 31 May 2014, saying that he was “wasting too much time in parliament” and that he wanted to focus on other political priorities like the implementation of the successful referendum "Against mass immigration" and a planned initiative on preventing Switzerland joining the European Union

2012

In January 2012, it was reported that Blocher had received information from an unnamed whistleblower regarding foreign exchange trades at Bank Sarasin made by Swiss National Bank chairman Philipp Hildebrand's wife Kashya

2011

Blocher had called for Hildebrand's resignation in 2011 in the wake of SNB's foreign exchange-related losses and continued strong calls after the FX-trades story grew, before Hildebrand ultimately resigned

2008

After the extremely large 2007/2008 losses posted by UBS, its chairman Marcel Ospel resigned on 1 April 2008, and Mr

2007

In view of the 2007 election results, Blocher's chances to be re-elected were thought to be very slim

2006

In July 2006, a commission of the Council of States reprimanded Blocher, stating that the setting of false prejudice and making false statement to the Council of States constituted unacceptable behaviour for a Federal Councillor

2004

"During 2004, Blocher's unconventionally unaccommodating stance towards his fellow federal councillors was the cause for speculations about the future of the Swiss concordance system

2003

In December 2003, the New York Times published a letter from the Anti-Defamation League citing Blocher, who had been convicted for anti-Semitic libel by a Zürich court in 1999, for making anti-Semitic remarks in relation to claims for restitution of Nazi-seized assets that were hidden in Swiss banks

1999

In the 1999 federal election, the SVP for the first time became the strongest party in Switzerland with 22

1997

" The letter also reported that in 1997, Blocher had stated the following that had resulted in his 1999 conviction: "They (the Jews) could blackmail banks, you can blackmail governments, you can blackmail national banks, you can force them to give in

1991

In 1991, the party for the first time became the strongest party in Zürich, with 20

1990

From being the smallest of the four governing parties at the start of the 1990s, the party by the end of the decade emerged as the strongest party in Switzerland

1986

In addition to leading the Zürich chapter of the Swiss People's Party, Blocher was a cofounder of the Action for an Independent and Neutral Switzerland (Aktion für eine unabhängige und neutrale Schweiz), and he served as the president of the organization from its foundation in 1986 until his election to the Federal Council in 2003

1980

This was contrasted with the stable level in the other cantons, although the support also stagnated in Zürich through the 1980s

1979

The ideology of the Zürich branch was also reinforced, and the rhetoric hardened, which resulted in the best election result for the Zürich branch in fifty years in the 1979 federal election, with an increase from 11

1977

The young members of the party were boosted with the establishment of a cantonal Young SVP (JSVP) in 1977, as well as political training courses

1972

Blocher joined the SVP in 1972 and became the SVP president of the SVP chapter in Meilen in 1974

1971

He has a DEA degree in law, and in 1971, he was awarded a doctorate in jurisprudence from the University of Zürich

1969

Blocher started working at EMS-Chemie in 1969 as a student in its legal department

1968

While at the University of Zürich, Blocher co-founded the Students' Ring, which opposed the 1968 student protests and the left-wing politics on university campuses

1963

In 1963, Blocher completed and passed the exams for the Swiss Matura and in 1964, he passed an additional exam in Latin to pursue legal studies at university

1961

In 1961, Blocher began studying independently for the Swiss Matura

1959

At the time the current coalition formed in 1959, the BGB was the smallest party represented on the Council

1940

The son of a pastor, Blocher was born in 1940, the seventh of eleven children

1929

Since 1929, the People's Party (known until 1971 as the Party of Farmers, Traders and Independents [BGB]) had held a seat on the seven-member Swiss Federal Council

1919

This was the biggest increase of votes for any party in the entire history of the Swiss proportional electoral system, which was introduced in 1919

1872

He took the seat of Ruth Metzler-Arnold, only the third federal councillor in history (and the first since 1872) not to be reelected

(4/117 votes)
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